SIE Exam Practice Question 51
Question: 51
What rating must a bond receive to be considered investment grade?
Correct Answer: D
Explanation:
To be considered investment grade, a bond must receive a rating of at least Baa/BBB. Aaa/AAA and Aa/AA are the highest credit ratings, meaning these bonds are high quality investment grade. A/A is better than Baa/BBB, so these bonds are still investment grade.
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