Tyler's $500 million fixed income portfolio consists of INVESTMENT GRADE BONDS [rating > BBB/Baa]. The fund policy only permits investment in investment-grade bonds. At the last investment committee meeting of his fund, a committee member raised concerns about rising risks in the market. All other members agreed with this assessment. Given this concern, you will advise Tyler to purchase bonds with ratings of [Select] hoping that conditions will improve 266 A or better, so there is a cushion in case of a downgrade

Thas s.500 millian fixed income porttollo consists of INVESTMENT GRADE BONDS [rating > BBB/Baa]. The und policy onty permits investment in investment-grade bonds. At the last investment committee meeting of his fund, a committee member raised concerns about rising risks in the maxket All other nemb o Se