SIE Exam Practice Question 911
Question: 911
An investment-grade bond is one that is rated __________ or higher by the Standard & Poor's bond rating service. A high-yield bond is rated __________ or lower by Standard & Poor's.
Correct Answer: C
Explanation:
An investment-grade bond is one that is rated BBB- or higher by the Standard & Poor's bond rating service. A high-yield bond is rated BB+ or lower by Standard & Poor's.
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