APBM Certified Business Manager CBM Question # 65 Topic 7 Discussion

APBM Certified Business Manager CBM Question # 65 Topic 7 Discussion

CBM Exam Topic 7 Question 65 Discussion:
Question #: 65
Topic #: 7

The Single-A and triple-B bonds are strong enough to be called _______________, and they are the lowest-rated bonds that many banks and other institutional investors are permitted by law to hold.


A.

Investment grade bonds


B.

Public service bonds


C.

Floating rate bonds


D.

Coupon bonds


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