Determining the investment grade rating


You are considering an investment in one of three different bonds. Your investment guidelines require that any bond you invest in carry an investment grade rating from at least two recognized bond rating agencies. Which, if any, of the bonds listed below would meet your investment guidelines?

A. Bond A carries an S&P rating of BB and a Moody's rating of Baa.

B. Bond B carries an S&P rating of BBB and a Moody's rating of Ba.

C. Bond C carries an S&P rating of BBB and a Moody's rating of Baa.

D. None of the above.

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Finance Basics: Determining the investment grade rating
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