The bonds of Ford Motor Company have received a rating of "B" by Moody's. The "B" rating indicates
A) the bonds are insured.
B) the bonds are junk bonds.
C) the bonds are referred to as "high-yield" bonds.
D) the bonds are insured or junk bonds.
E) the bonds are "high-yield" or junk bonds.
Correct Answer:
Verified
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