Moody's has developed a corporate bond default-risk rating system using capital and lower case letters and numbers.Below are several examples of Moody's ratings.Which answer choice lists a collection of ratings for "high credit investment grade" bonds?

Question

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Moody's ratings for "high credit investment grade" bonds range from Aaa (highest quality) to Baa3 (lowest investment grade). The ratings in choice C (Aa2, Aa3, A1) fall within this range, indicating high credit quality but not the absolute highest (which would be Aaa).

Moody's Has Developed a Corporate Bond Default-Risk Rating System Using