Q379
Bonds rated lower than triple-B bonds by Standard and Poor's are considered as
A.
split bonds
B.
automated bonds
C.
junk bonds
AnswerD.
sinking bonds
Answer: Option C
Solution
Answer: Option C
Solution:
Bonds rated lower than triple-B bonds by Standard and Poor's are considered as junk bonds. Junk bonds are bonds that carry a higher risk of default than most bonds issued by corporations and governments.