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Which of the following best describes a bond rated by Standard and Poor's, Moody's, and DBRS as B? A. possessing many favorable characteristics B. neither

image text in transcribed Which of the following best describes a bond rated by Standard and Poor's, Moody's, and DBRS as B? A. possessing many favorable characteristics B. neither highly protected nor poorly secured C. may be in default D. generally lacks the characteristics of a desirable investment E. judged to be high quality by all standards

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