Question

A bond is considered investment grade if its credit rating is ________ by Standard & Poor's or _________by Moody's.

A BBB or higher, Baa3 or higher
B BBB+ or higher, Baa2 or higher
C BBB- or higher, Baa3 or higher
D BBB- or higher, Bba3 or higher
E BBB or higher, Baa2 or higher
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