At what rate must $500 be compounded annually for it to grow to $983.5 in 10 years? A) 8 percent B) 6 percent C) 7 percent OD) 5 percent Question 6 (0.21428572 points) If a bond has a Standard & Poor's rating of BB or below, it is referred to as a (what)? O A) junk bond B) capital bond C) low yield bond. OD) convertible bond