According to top rating agencies S&P the double-B and other lower grade bonds are classified as Options: A . &nbspdevelopment bonds B . &nbspjunk bonds C . &nbspcompounded bonds D . &nbspdiscounted bonds

According to top rating agencies S&P the double-B and other lower grade bond

Question

According to top rating agencies S&P the double-B and other lower grade bonds are classified as

Options:

A . development bonds

B . junk bonds

C . compounded bonds

D . discounted bonds

Answer: Option B
Answer: (b).junk bonds

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