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QUESTION 25 Suppose that you are considering a bond investment. The investment guidelines require that any bond you invest in carry an investment-grade rating from

QUESTION 25 Suppose that you are considering a bond investment. The investment guidelines require that any bond you invest in carry an investment-grade rating from at least two credit rating agencies. Which of the bonds listed would meet these investment guidelines? Bond X carries an S&P rating of BB and a Moodys rating of Ba Bond Y carries an S&P rating of A and a Moodys rating of Ba Bond Z carries an S&P rating of BBB and a Moodys rating of Baa Bond V carries an S&P rating of BB and a Moodys rating of Aa

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