What obligations is moody-s referring to
According to Moody's, "Obligations rated as Aaa are judged to be of the highest quality, with minimal credit risk".
a. What "obligations" is Moody's referring to?
b. What does Moody's mean by "credit risk"?
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According to Moody's, "Obligations rated as Aaa are judged to be of highest quality, with minimal credit risk". What "obligations" is Moody's referring to?
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