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QUESTION
A bond rated at below BBB by Samp;P or below Baa by Moody's is called: a. a premium bond b. a callable bond c. a junk bond d. an investment grade
A bond rated at below BBB by S&P or below Baa by Moody's is called:
a. a premium bond
b. a callable bond
c. a junk bond
d. an investment grade bond
e. a low yield bond
Which one of these is correct?
