Which of the following investments as rated by S & P would be considered non-investment grade? Group of answer choices B. BB-rated Corporate bond coupon at 9% yielding 8% A. AA-rated Municipal Utility bond coupon at 6.5% yielding 7.5% C. BBB-rated zero coupon bond yielding 7% D. A-rated Bolivian Government
Which of the following investments as rated by S & P would be considered non-investment grade? Group of answer choices B. BB-rated Corporate bond coupon at 9% yielding 8% A. AA-rated Municipal Utility bond coupon at 6.5% yielding 7.5% C. BBB-rated zero coupon bond yielding 7% D. A-rated Bolivian Government
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Which of the following investments as rated by S & P would be considered non-investment grade?
Group of answer choices
B. BB-rated Corporate bond coupon at 9% yielding 8%
A. AA-rated Municipal Utility bond coupon at 6.5% yielding 7.5%
C. BBB-rated zero coupon bond yielding 7%
D. A-rated Bolivian Government bond coupon at 10% yielding 11%
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