ACI

3I0-013 · Question #71

What is a junk bond?

The correct answer is B. Asub-investment grade instrument. See the full explanation below for the reasoning.

Question

What is a junk bond?

Options

AAn AAA-rated security in payment default
BAsub-investment grade instrument
CAn OECD Government bond
DAbond typically paying lower yields than an investment grade instrument

How the community answered

(33 responses)

A
12% (4)
B
79% (26)
C
6% (2)
D
3% (1)

Community Discussion

No community discussion yet for this question.

Sign up to join the discussion

Full 3I0-013 Practice