Junk bonds are bonds that are issued with risk involved. A company issuing junk bonds is usually
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Junk bonds are bonds that are issued with risk involved. A company issuing junk bonds is usually in distress due to too much long-term debt. These bonds typically offer higher returns to bondholders to compensate for the risk that these bonds may not be able to issue repayment. Research a company that has issued junk bonds and share what became of that company. Would you invest in junk bonds? Why or why not?
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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