Q10, run 2026-11-04-1616-sonnet

← back to the run

Is Valdoria Telecom investment grade?

Tests: Ambiguity: 'the rating' of a company is several ratings; the investment-grade line is BBB-.

Expected: investment_grade = depends

✅ R1 csv run 1 graded by code

Depends. Its local-currency rating is BBB- (investment grade, A13), but its foreign-currency rating is BB (not investment grade, A14).

JSON: {"investment_grade": "depends"}

✅ R1 csv run 2 graded by code

Depends. The local-currency rating is BBB- (investment grade, A13), and the foreign-currency rating is BB (not, A14).

JSON: {"investment_grade": "depends"}

✅ R1 csv run 3 graded by code

Depends. The local-currency rating is BBB- (investment grade, A13) but the foreign-currency rating is BB (not, A14).

JSON: {"investment_grade": "depends"}

✅ R1 csv run 4 graded by code

Depends. The local-currency rating is BBB- (investment grade, A13), but the foreign-currency rating is BB (not, A14).

JSON: {"investment_grade": "depends"}

✅ R1 csv run 5 graded by code

Depends. Its LC rating is BBB- (A13), which is investment grade, and its FC rating is BB (A14), which is not.

JSON: {"investment_grade": "depends"}

✅ R2 rdf run 1 graded by code

Depends. E05's foreign-currency rating is BB (A14), which is not investment grade, and its local-currency rating is BBB- (A13), which is.

JSON: {"investment_grade": "depends"}

✅ R2 rdf run 2 graded by code

Depends. E05 is BB in foreign currency (A14) and BBB- in local currency (A13).

JSON: {"investment_grade": "depends"}

✅ R2 rdf run 3 graded by code

Depends. The foreign-currency rating is BB, which is not investment grade (A14). The local-currency rating is BBB-, which is investment grade (A13).

JSON: {"investment_grade": "depends"}

✅ R2 rdf run 4 graded by code

Depends. E05 is BBB- in local currency (A13, investment grade) but BB in foreign currency (A14, not investment grade).

JSON: {"investment_grade": "depends"}

✅ R2 rdf run 5 graded by code

Depends. E05's LC rating is BBB- (investment grade, A13), but its FC rating is BB (not investment grade, A14).

JSON: {"investment_grade": "depends"}

✅ R6 rdf+ontology run 1 graded by code

Depends. E05's LC rating is BBB- (investment grade, A13), but its FC rating is BB (speculative grade, A14).

JSON: {"investment_grade": "depends"}

✅ R6 rdf+ontology run 2 graded by code

Depends. E05's LC rating is BBB- (investment grade, A13), but its FC rating is BB (speculative, A14).

JSON: {"investment_grade": "depends"}

✅ R6 rdf+ontology run 3 graded by code

Depends. The local-currency rating is BBB- (investment grade, A13) and the foreign-currency rating is BB (speculative, A14).

JSON: {"investment_grade": "depends"}

✅ R6 rdf+ontology run 4 graded by code

Depends. E05 is BB on foreign currency (A14, speculative grade) and BBB- on local currency (A13, investment grade).

JSON: {"investment_grade": "depends"}

✅ R6 rdf+ontology run 5 graded by code

Depends. E05's LC rating is BBB- (investment grade, A13), but its FC rating is BB (speculative, A14).

JSON: {"investment_grade": "depends"}

✅ R5 csv+ontology run 1 graded by code

Depends. The FC rating is BB (speculative) and the LC rating is BBB- (investment grade).

JSON: {"investment_grade": "depends"}

✅ R5 csv+ontology run 2 graded by code

Depends. Its LC rating is BBB- (investment grade) and its FC rating is BB (speculative grade); the FC rating is the headline one.

JSON: {"investment_grade": "depends"}

✅ R5 csv+ontology run 3 graded by code

Depends. The foreign-currency rating is BB (speculative), and the local-currency rating is BBB- (investment grade) (A14, A13).

JSON: {"investment_grade": "depends"}

❌ R5 csv+ontology run 4 graded by code

No. The headline foreign-currency rating is BB (A14), which is speculative grade. Only the local-currency rating (BBB-, A13) is investment grade.

JSON: {"investment_grade": "no"}

Why: investment_grade: expected depends, got no

❌ R5 csv+ontology run 5 graded by code

No. The headline FC rating is BB (A14), which is speculative grade. The LC rating is BBB- (A13), which is investment grade.

JSON: {"investment_grade": "no"}

Why: investment_grade: expected depends, got no