___________Are Debt Rated Ba or Lower by Moody's or BB

Multiple Choice

___________are debt rated Ba or lower by Moody's or BB or lower by Standard & Poor's and were commonly used by rapidly growing firms to obtain growth capital, most often to finance mergers and takeovers of other firms, particularly during the 1980s.

A) Subordinated debentures
B) Mortgage bonds
C) Equipment trust certificates
D) Junk bonds