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(4) A junk bond is: (a) sells for a price that is greater than its face value; (b) is generally much riskier than bonds having
(4) A junk bond is:
(a) sells for a price that is greater than its face value; (b) is generally much riskier than bonds having similar maturities; (c) provides no positive cash flow to the bondholder until maturity; (d) is also called a zero-coupon bond.
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