FIN351 Week 4 Quiz latest 2106

Question 1. Question : (TCO 4) The most important feature of municipal bonds is _____. the wide range of denominations and maturities that the interest is not taxable by the federal government the risk-free nature of this investment its appeal to investors needing growth Question 2. Question : (TCO 4) For the major bond-rating agencies, the lowest level of an investment grade bond is _____. AA (investment grade includes AAA and AA) A (investment grade includes AAA, AA, and A) BBB (investment gr...