According to the Standard & Poor's Investor Services ratings, which of these ratings indicates a highly speculative bond?

Question

Quizplus · Accepted Answer

Standard & Poor's uses a letter rating system to signify the creditworthiness of bonds. Ratings from "AAA" to "BBB" are considered investment-grade, while ratings from "BB" to "D" are considered speculative or junk bonds. Therefore, only Option C, with a rating of "C", indicates a highly speculative bond.

According to the Standard & Poor's Investor Services Ratings, Which