Question: Junk bonds are a . usually rated B a or higher by Moody's b . issued by firms with a high debt ratio c .

Junk bonds are
a. usually rated Ba or higher by Moody's
b. issued by firms with a high debt ratio
c. issued with coupon rates at least 8 percentage points or more above the highest quality issues
d. issued by firms with a low debt ratio
Junk bonds are a. usually rated Ba or higher by Moody's

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