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Which of the Following Is False

Question 32

Multiple Choice

Which of the following is false?


A) Even if a corporation is not currently issuing bonds,you could still buy a bond directly from the corporation.
B) Bonds that are rated AAA from Standard and Poor's have received the highest rating possible.
C) A bond that is rated in the D category indicates that the bond issuer cannot pay off the bond.
D) It is possible to buy a bond from someone who purchased and still holds the bond he bought from the corporation at an earlier date.

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