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Bond ratings categorize bonds based on: A. liquidity, market, and default risk. B. liquidity, interest rate, and default risk. C. default risk only. The highest

Bond ratings categorize bonds based on:

A. liquidity, market, and default risk.

B. liquidity, interest rate, and default risk.

C. default risk only.

The highest rating a bond can receive from Standard and Poor's and Fitch rating agencies and still be classified as non-investment-grade bond is: A. BB+. B. BBB. C. A.

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