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Question 96

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Use the information for the question(s) below. Use the information for the question(s) below. -Which of the following best describes a bond rated by Standard & Poor's and Moody as B? A) judged to be high quality by all standards B) considered to be medium grade obligations C) neither highly protected nor poorly secured D) generally lacks the characteristics of a desirable investment
-Which of the following best describes a bond rated by Standard & Poor's and Moody as B?


A) judged to be high quality by all standards
B) considered to be medium grade obligations
C) neither highly protected nor poorly secured
D) generally lacks the characteristics of a desirable investment

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