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CFA Level 1
Fixed Income

Identifying High-Grade Credit Rating

Very Easy Fixed Income Securities Credit Ratings

Credit ratings are assessments provided by credit rating agencies that evaluate the creditworthiness of an issuer or a specific financial obligation. Investors often rely on these ratings to make informed decisions about the risk associated with fixed-income securities. The highest credit rating indicates a very low risk of default, while lower ratings suggest a higher risk.

Which of the following is considered a high-grade credit rating?

Hint

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