Distinguish between an investment-grade bond and a junk bond.

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Financial Markets And Institutions

ISBN: 9781292215006

9th Global Edition

Authors: Stanley Eakins Frederic Mishkin

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Question Posted: Oct 16, 2023 09:30 AM

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Distinguish between an investment-grade bond and a junk bond.

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Investmentgrade bonds and junk bonds are two categories of bonds that differ primarily in their credit ratings Credit ratings are assigned by credit rating agencies such as Moodys Standard Poors and F...View the full answer

Financial Markets And Institutions

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