Bonds with one of the top four rating (Aaa through Baa, or AAA through BBB) are designated as:

Bonds with one of the top four rating (Aaa through Baa, or AAA through BBB) are designated as:

Bonds with one of the top four rating (Aaa through Baa, or AAA through BBB) are designated as:



A) Split Bonds.
B) Investment grade bonds
C) illiquid bonds
D) high-yield bonds


Answer:  B