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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Question

Quizplus · Accepted Answer

Junk bonds typically have a credit rating of BB or lower. This rating indicates a higher risk of default or non-payment, hence the term "junk." B and BBB are higher credit ratings than BB, indicating lower risk.

Junk Bonds Are Those Bonds with a Credit Rating Of