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FINRA Series 6

Category - Series 6

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The Slippery Fund is a high-yield bond fund, which means it invests a substantial amount of its money in:

investment-grade bonds.
high-quality bonds.
junk bonds.
bonds with an AAA rating.

Explanation

Answer: C - As a high-yield bond fund, Slippery invests a substantial amount of its money in junk bonds. High yield = high risk. Junk bonds have a rating below BBB.

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FINRA Series 6

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