Which TWO of the following statements about bonds and their issue are true?

Which TWO of the following statements about bonds and their issue are true?
A . Credit rating agencies assign risk categories to bond issues.
B . Bonds are a form of loan capital, traded on stock exchanges.
C . Bonds are a risk-free form of investing because they will always be repaid.
D . All bonds have the same terms and conditions when issued.
E . A bond issue is never underwritten because the return is fixed and guaranteed.

Answer: A,B