One of two large organizations that rate corporate bonds is
A) Wall Street Journal.
B) Standard and Poor's.
C) Securities and Exchange Commission.
D) Federal Reserve.

Question

Quizplus · Accepted Answer

Standard and Poor's is one of the two major credit rating agencies, along with Moody's, that rate the creditworthiness of corporate bonds. The Wall Street Journal is a financial news organization and does not rate bonds. The Securities and Exchange Commission (SEC) is a government agency responsible for regulating securities markets, but does not rate bonds directly. The Federal Reserve is the central banking system of the United States, and also does not rate bonds.

One of Two Large Organizations That Rate Corporate Bonds Is