The lowest bond investment grade rating by S&P and the highest speculative rating by Moody’s, respectively, is (disregard modifiers): A. Ba and BB. B. BB and Ba. C. BB and Baa. D. BBB and Ba.
The lowest investment grade by S&P and Moody’s (disregarding modifiers) is BBB and Baa, respectively. The highest speculative rating is BB and Ba, respectively.
