Question

Identify each of the following that characterizes investment grade bonds. I. They carry a high probability of being paid with few speculative risks. II. They are issued by companies in bankruptcy or in financial difficulty. III. They are issued by foreign governments. A. Only II and III B. III only C. I only D. ​I, II, and III E. Only I and III F. II only G. Only I and II

Answer 1

C. I only is correct , investment grade bonds are those that are issued by good credit worthy parties, foreign govts can have junk credit worth