Which of the following ratings by Standard & Poor's (S&P) is given to speculative bonds with extremely high credit risk?
A) A
B) B
C) BB
D) BBB
E) CCC
Correct Answer:
Verified
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Q45: General obligation bonds are backed by the:
A)revenue
Q46: Revenue bonds are used to:
A)raise funds to
Q47: The conversion ratio is:
A)the number of new
Q48: A bond sinking fund provision requires a
Q50: The credit rating assigned to a bond
Q51: The conversion feature of a bond permits
Q52: Which of the following ratings by Moody's
Q53: A(n) _ certificate of deposit (CD) can
Q54: The two principal types of municipal bonds
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