The bonds of Elbow Grease Dishwashing Company have received a rating of C by Moody's. The C rating indicates that the bonds are ________.

Name: The bonds of Elbow Grease Dishwashing Company have received a rating of C by Moody's. The C rating indicates that the bonds are ________.
Brand: Quizplus
Rating: 4.8 (55 reviews)

Question

Quizplus · Accepted Answer

A C rating by Moody's indicates that the bonds are considered to be speculative, or "junk," which means they carry a higher risk of default. Therefore, the best choice is D, junk bonds.

The Bonds of Elbow Grease Dishwashing Company Have Received a Rating