You are considering two different corporate bonds. One is rated AAA by Standard & Poors and pays
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You are considering two different corporate bonds. One is rated AAA by Standard & Poor’s and pays 5.8 percent annual interest. The other bond is rated B by Standard & Poor’s and pays 7.5 percent annual interest. What do these ratings mean? Which bond would you choose and why? (Obj. 6)
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Related Book For 
Focus On Personal Finance
ISBN: 9780073382425
3rd Edition
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
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