AFP
CTP · Question #542
(Topic 6) A high-yield, non-investment-grade security is commonly referred to as which of the following?
The correct answer is A. A junk bond. See the full explanation below for the reasoning.
Question
- (Topic 6)
A high-yield, non-investment-grade security is commonly referred to as which of the following?
Options
- AA junk bond
- BA convertible bond
- CAn industrial revenue bond
- DAn equity warrant
How the community answered
(24 responses)- A75% (18)
- B4% (1)
- C8% (2)
- D13% (3)
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