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Cows are like buffalo...EXCEPT they're NOT as huge, athletic, and ridiculously good-looking. Confused? Pay attention to key words if you want the real deal.
  • 1.

    Under the S&P ratings system, what is the minimum rating for a bond to be considered "investment grade?"

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  • 2.

    Under the Moody's rating system, what rating is the highest for what would be described as "junk" bonds?