Junk bonds are those bonds with a credit rating of:
A)BB and lower.
B)B and lower.
C)BBB and lower.
D)None of these.

Name: Junk bonds are those bonds with a credit rating of: A)BB and lower. B)B and lower. C)BBB and lower. D)None of these.
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Quizplus · Accepted Answer

Junk bonds are also known as high-yield bonds and have a credit rating of BB and lower. They are considered riskier investments as there is a higher likelihood of default.

Junk Bonds Are Those Bonds with a Credit Rating Of