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 choices are correct.

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 choices are correct.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

Junk bonds are classified as having a credit rating of BB and lower, indicating a higher risk of default compared to investment-grade bonds.

Junk Bonds Are Those Bonds with a Credit Rating of