Which Standard & Poor's Bond credit rating does the following description belong to?
"Currently highly vulnerable to non-payment."
A) Highly speculative CCC
B) Most speculative CC
C) Imminent default C
D) Default D

Question

Quizplus · Accepted Answer

The description "Currently highly vulnerable to non-payment" corresponds to the "Most speculative CC" rating, indicating a very high risk of default.

Which Standard & Poor's Bond Credit Rating Does the Following