To be labelled as a junk bond, a bond must have a Standard & Poor's rating at or below ________.

Name: To be labelled as a junk bond, a bond must have a Standard & Poor's rating at or below ________.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

BBB and above are considered investment grade, while BB and below are considered speculative or junk grade. Therefore, a bond with a Standard & Poor's rating of BB or below would be labeled as a junk bond.

To Be Labelled as a Junk Bond, a Bond Must