On which of these bonds is the prospect of default most likely?
A)A junk bond
B)A municipal bond
C)A U.S.government bond
D)A corporate bond issued by Proctor & Gamble Corporation

Question

Quizplus · Accepted Answer

Junk bonds are rated below investment grade, indicating a higher risk of default compared to municipal bonds, U.S. government bonds, and corporate bonds issued by financially stable companies like Proctor & Gamble Corporation.

On Which of These Bonds Is the Prospect of Default