Multiple Choice
For the major bond-rating agencies, the lowest level of an investment grade bond is:
A) AA (investment grade includes AAA and AA) .
B) A (investment grade includes AAA, AA and A) .
C) BBB (investment grade includes AAA, AA, A, and BBB) .
D) B (investment grade includes AAA, AA, A, BBB, BB and B) .
Correct Answer:
Verified
Correct Answer:
Verified
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