You are asked to give advice about fixed income investment. The guidelines require that any bond you choose carry an investment grade rating from at least two recognized rating agencies. Which of the following can be chosen according to the guidelines?
ABond A carries an S&P rating of BB and a Moody's rating of A.
BBond B carries an S&P rating of A and a Moody's rating of Ba.
CBond C carries an S&P rating of A and a Moody's rating of Baa
DNone of the above.
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