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Basic Question 4 of 9
Bonds rated BBB- and above are investment-grade bonds. This method is an example of:
B. credit ranking.
C. credit rating.
A. credit score.
B. credit ranking.
C. credit rating.
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Learning Outcome Statements
explain credit scores and credit ratings;
calculate the expected return on a bond given transition in its credit rating;
CFA® 2025 Level II Curriculum, Volume 4, Module 29.