Question

What does a Moody's bond rating of C typically indicate?

Multiple choice question.

The issuer has closed its doors


The issuer is in default


The bond has been repaid


The bond is classified as medium grade

Answers

Answered by GPT-4o mini
A Moody's bond rating of C typically indicates:

**The issuer is in default.**

This rating signifies that the bond is in a very precarious financial situation, and there is a high likelihood of default.
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