Bonds rated lower than triple-B bonds by Standard and Poor's are...

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Bonds rated lower than triple-B bonds by Standard and Poor's are considered as

A. split bonds

B. automated bonds

C. junk bonds

D. sinking bonds

Answer: Option C

Solution (By Examveda Team)

Bonds rated lower than triple-B bonds by Standard and Poor's are considered as junk bonds. Junk bonds are bonds that carry a higher risk of default than most bonds issued by corporations and governments.

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