What do these ratings mean

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Question: 1. Why should you monitor the value of your investments?

2. You are considering two different corporate bonds. One is rated AAA by Standard & Poor's and pays 4.5 percent annual interest. The other bond is rated B by Standard & Poor's and pays 6.2 percent annual interest. What do these ratings mean? Which bond would you choose and why?

Reference no: EM131486566

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