A Corporate Bond Which Receives a BBB Rating from Standard

question 27

Multiple Choice

A corporate bond which receives a BBB rating from Standard and Poor's is considered:

• A)a junk bond.
• B)an investment-grade bond.
• C)a defaulted bond.
• D)a high-yield bond.

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Definitions:

Homozygous Genotype

An organism's genetic makeup consisting of two identical alleles for a particular trait.

Heterozygous

Having inherited two genes of different allelic forms for a trait.

Dominant Allele

The allele that is expressed when an individual possesses two different alleles for the same trait.

Recessive Allele

The allele that is not expressed when an individual possesses two different alleles for the same trait.