IIA
IIA-CFSA · Question #186
IIA-CFSA Question #186: Real Exam Question with Answer & Explanation
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Question
Most municipal and corporate bonds are rated by an independent rating firm such as Standard & Poor's (S&P) or Moody's. These ratings provide investors with information regarding the risk of default on the bond issue. The higher rated bonds are considered _________.
Options
- AInvestment grade bonds
- BSpeculative bonds
- CJunk bonds
- DBlue chip bonds
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