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Finance Assignment | Professional Writing

Author:
May 28th, 2020

which of the following statements is NOT true?
a. investments rated below BBB are known as high-quality bonds
b. investment-grade securities should include those with a bond rating of AA.

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Homework For You

c. A “fallen angel” is a bond that at one time was investment-grade security, but whose bond ratings has subsequently dropped.
d. Another colorful term for non-investment grade bonds is “junk bonds”.

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