Question: Please explain why High yield or junk bonds are bonds that Carry a rating from the S&P of A or better. Carry a rating from

Please explain why High yield or junk bonds are bonds that Carry Please explain why

High yield or junk bonds are bonds that Carry a rating from the S&P of A or better. Carry a rating from Moody's of Ba or better. Normally carry a lower coupon. Are rated less than BBB- None of the above

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