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Based on the following Moodys bond ratings, which bond would commercial banks be prohibited from...

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Question

Finance

Based on the following Moodys bond ratings, which bond would commercial banks be prohibited from purchasing?

Bond Bond/Credit Rating

Grenier, Inc./Baa

Kendall Corp./Ba

Matfield, Inc./Aa

D-Lock Corp. /A

a. Kendall Corp. b. Matfield, Inc. c. Grenier, Inc. d. D-Lock Corp

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