Bond ratings are the primary measure of default risk.

Name: Bond ratings are the primary measure of default risk.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Bond ratings are indeed the primary measure of default risk. They provide an assessment of the creditworthiness of a bond issuer and the likelihood of default. Bond ratings are assigned by credit rating agencies such as Standard & Poor's, Moody's, and Fitch Ratings based on various factors such as financial strength and ability to meet debt obligations.

Bond Ratings Are the Primary Measure of Default Risk