After a busy summer season the Saskatoon Boat Company has a large cash balance, thanks to hot weather and brisk sales. The company's new CFO is considering investing the cash surplus in five-year high yield bonds currently being offered by another local company. The CEO has asked if these are junk bonds, and the CFO responded by saying that the high return could really help Saskatoon Boat Company to be in a stronger cash position for next summer. What are the pros and cons of this strategy?