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It is June 18, 2011, and you have been handed the article below to read and evaluate. Your boss is looking for a high-yield instrument

It is June 18, 2011, and you have been handed the article below to read and evaluate. Your boss is looking for a high-yield instrument and will take some risk in doing so. Assuming you may legally purchase the bond, what can you tell your boss about the risk/reward profile? Remember, you have 5+ years of history for your analysis.

http://www.barrons.com/articles/SB50001424053111903668804576385544228414046

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