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Which of the Following Is Not a Rating Category Used

question 124

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Which of the following is not a rating category used when rating bonds?


Definitions:

Annual Salary

The total amount of money an employee earns in one year before taxes and other deductions.

Commission Rate

The percentage of a sale price that is paid to an agent or employee for their sales efforts or services.

Stockbroker

A professional who buys and sells stocks and other securities for clients in exchange for a fee or commission.

Transaction

An agreement or communication carried out between a buyer and a seller to exchange an asset for payment.

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