What ratings comprise investment grade bonds and what ratings are used for junk bonds What are the primary differences between the two In particular, why are investment grade bonds more marketable and why are junk bonds issued at all Clearly state your answer to each problem Answers without justification explanation will not be given credit

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What ratings comprise investment-grade bonds and what ratings are used for junk bonds? What are the primary differences between the two? In particular, why are

What ratings comprise investment-grade bonds and what ratings are used for junk bonds? What are the primary differences between the two? In particular, why are investment-grade bonds more marketable and why are junk bonds issued at all?

Clearly state your answer to each problem. Answers without justification/explanation will not be given credit

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