THE RATING AGENCIES HAVE ANALYZED THE CREDITWORTHINESS OF COMPANY...

19.

The rating agencies have analyzed the creditworthiness of Company XYZ and have determined that the

company currently has adequate payment capacity, although a negative change in the business environment

could affect its capacity for repayment. The company has been given an investment grade rating by S&P and

Moody’s. Which of the following S&P/Moody’s ratings has Company XYZ been assigned?

a.

AA/Aa

b.

A/A

c.

BBB/Baa

d.

BB/Ba