The likely bond rating for a company with interest coverage
The (likely) bond rating for a company with interest coverage of 5.50-6.50X would be:
Question 11 options:
AAA
AA
A+
BBB
| AAA | |
| AA | |
| A+ | |
| BBB |
Solution
AS THE PER LATEST DATA RELEASED
THE FIRM WITH INTEREST COVERAGE OF 5.5-6.5 TIMES WOULD HAVE
A+ RATINGS
THATS ALL FOR EXPLANATION
CORRECT ANSWER : A+
