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The cash flows of Treasury bonds that have been transformed by securities firms into separate securities are called _____ while Treasury bonds that provide returns
The cash flows of Treasury bonds that have been transformed by securities firms into separate securities are called _____ while Treasury bonds that provide returns tied to the inflation rate are called _____.
A) STRIPS; TIPS |
B) TIPS; STRIPS |
C) municipals; STRIPS |
D) private placements; TIPS Standard & Poors assigns bond credit ratings from AAA through DDD. Bonds that are considered investment grade will have a credit rating between _____.
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