SIE Exam Question 407: Answer and Explanation

Question: 407

Choose from among the below ratings the one which is the higher credit rating in the speculative category as defined by Standard & Poors rating service would be:

  • A. AAA
  • B. BB+
  • C. Ba1
  • D. CCC

Correct Answer: B

Explanation:

B: Investment grade ratings end with the BBB rating. Below that are speculative grade ratings. BB+ would be the higher speculative rating from among these multiple-choice answers. Ba1 is a Moody's rating, not S&P.

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