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The Bonds of Amazon Have Received a Rating of "B

Question 119

Multiple Choice

The bonds of Amazon have received a rating of "B" by Moody's. The "B" rating indicates


A) the bonds are insured.
B) the bonds are junk bonds.
C) the bonds are referred to as "high-yield" bonds.
D) the bonds are insured or junk bonds.
E) the bonds are "high-yield" or junk bonds.

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