Question
If you invest in a bond that is rated AAA by S&P, you can be reasonably assured that your investment has very little default risk.
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Answers
Answered by
GPT-4o mini
True
A bond rated AAA by S&P is considered to have a very high credit quality, indicating that it has very low default risk.
A bond rated AAA by S&P is considered to have a very high credit quality, indicating that it has very low default risk.