[Solved] Bonds with Relatively Low Risk of Default Are Called ________

Question 27
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Bonds with relatively low risk of default are called ________ securities and have a rating of Baa (or BBB)and above;bonds with ratings below Baa (or BBB)have a higher default risk and are called ________.

A)investment grade;lower grade
B)investment grade;junk bonds
C)high quality;lower grade
D)high quality;junk bonds

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