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+

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 SolutionAS THE PER LATEST

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