According to moodys obligations rated as aaa are judged to

According to Moody's, "Obligations rated as Aaa are judged to be of the highest quality, with minimal credit risk".

a. What "obligations" is Moody's referring to?

b. What does Moody's mean by "credit risk"?

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According to moodys obligations rated as aaa are judged to : according to moodys obligations rated as aaa are judged to be of the highest quality with minimal credit risk.a. what

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