Two conservative customers in their 50s are interested in preserving principal and high-current income from their investments. In which order, from first to last, are the following bonds ranked in meeting your customer's needs?
A1 Fort Worth Gas 9¼s of '25.
AA+ San Antonio Transit 9¼s of '25.
Aaa Texas Telecom 9¼s of '25.
AA- Dallas Electric 9¼ of '25.
A) III, II, IV, I.
B) I, II, III, IV.
C) III, IV, II, I.
D) IV, III, I, II.
Answer: A) III, II, IV, I.