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Business, 18.08.2021 03:20 Animallover100
Based on these ratings, bonds are classified into investment-grade bonds and junk bonds. Which of the following bonds is likely to be classified as an investment-grade bond?
a. A bond with a B rating, 11% return on capital, 87% total debt to total capital, and a 26% yield.
b. A bond with a BBB rating, 15% return on capital, 42% total debt to total capital, and a 10% yield.
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Based on these ratings, bonds are classified into investment-grade bonds and junk bonds. Which of th...
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