Which of the following bonds would have the highest default risk?
A) Provincial bonds
B) Investment-grade bonds
C) Canada bonds
D) Junk bonds

Question

Quizplus · Accepted Answer

Junk bonds, also known as high-yield bonds, are issued by companies and governments with lower credit ratings and therefore have a higher default risk compared to investment-grade bonds, Canada bonds, and Provincial bonds.

Which of the Following Bonds Would Have the Highest Default