Why does it matter if a bond is considered investment-grade? O Federal regulation prohibits the sale of other bonds to senior citizens (the elderly) O Only accredited investors can buy bonds that are not of this type O Some institutional investors (i.e. pension funds and insurance companies) can only by this type of bond

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter13: Long-term Liabilities
Section: Chapter Questions
Problem 2MC: A debenture is ________. A. the interest paid on a bond B. a type of bond that can be sold back to...
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Why does it matter if a bond is considered investment-grade?
O Federal regulation prohibits the sale of other bonds to senior citizens (the elderly)
O Only accredited investors can buy bonds that are not of this type
O Some institutional investors (i.e. pension funds and insurance companies) can only by this type of bond
Transcribed Image Text:Why does it matter if a bond is considered investment-grade? O Federal regulation prohibits the sale of other bonds to senior citizens (the elderly) O Only accredited investors can buy bonds that are not of this type O Some institutional investors (i.e. pension funds and insurance companies) can only by this type of bond
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ISBN:
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Publisher:
OpenStax College