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Business, 15.07.2020 05:01 dlatricewilcoxp0tsdw
A customer has a discretionary account at a brokerage firm. The customer calls the registered representative handling the account and states "Buy $50,000 of investment grade corporate bonds" with at least 5 years to maturity and a minimum 8% yield. To comply with the customer's instructions, the registered representative must choose bonds that are rated, at a minimum:
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A customer has a discretionary account at a brokerage firm. The customer calls the registered repres...
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