What Positive-Sounding Term Do Bond Salesmen Use for Noninvestment-Grade Bonds

question 88

Multiple Choice

What positive-sounding term do bond salesmen use for noninvestment-grade bonds?

• A) prime bonds
• B) high-yield securities
• C) select bonds
• D) select class securities
• E) AAA bonds

---

Definitions:

Performance Accountability

Holding individuals or teams responsible for achieving specific outcomes or objectives, often measured through performance metrics.

Strategic Management

The process of planning, monitoring, analyzing, and assessing an organization's resources and environment to achieve its goals and objectives.

Cost Leadership Strategy

A strategy that seeks to operate with low cost so that products can be sold at low prices.

Competitive Advantage

A situation or factor that gives a business an advantageous or superior stance in comparison to its rivals.