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Which of the following credit ratings is the highest rating a junk, or speculative, bond can have before it is classified as an investment-grade bond?

Which of the following credit ratings is the highest rating a junk, or speculative, bond can have before it is classified as an investment-grade bond?

Multiple Choice

  • AAA

  • AA

  • B

  • BBB

  • D

  • A

  • BB

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