Asked by
Meaghan Dailey
on Nov 06, 2024Verified
Historically,_____ have been associated with companies in poor financial health and/or startup firms with limited track records.
A) secured bonds
B) serial bonds
C) unsecured bonds
D) junk bonds
E) floating-rate bonds
Junk Bonds
High-yield, high-risk securities issued by corporations or municipalities considered to be at greater risk of default.
- Discern the particular attributes and dangers linked to different bond categories, including but not limited to floating-rate, junk, and secured bonds.
Verified Answer
MR
Learning Objectives
- Discern the particular attributes and dangers linked to different bond categories, including but not limited to floating-rate, junk, and secured bonds.