What is the minimum rating a bond must have to be considered "investment grade"?
on
Published in Business Trivia
A
AAA
B
BBB
BBB.
Bonds with a rating lower than AAA are known as "junk bonds".
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More Business Trivia
How often the floating rate changes is known as the what?
Reset Frequency. The floating rate can change several times in a year.
When was the New York Stock Exchange closed for a bank holiday declared by Franklin D. Roosevelt?
March, 1933. President Franklin D. Roosevelt declared a bank holiday beginning March 5, 1933; many insolvent banks were permanently closed after this.
After-tax profit margins reflect the ratio of net income to what?
Net Sales. Net sales is gross sales reduced by customer discounts, returns, freight out and allowances.
Sushi bonds are issued by what country?
Japan. A Sushi Bond is a bond that is not denominated in yen and is issued in any market by a Japanese financial institution.
What is another name for a minister?
Preacher. Being a preacher requires no formal training.
Where on the trading floor does the trading of commodities take place?
Pit. A pit is a specific area designed for the trading of commodities, individual futures, or option contracts.
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