Select all that apply

All junk bonds typically have which of these features?

Time to maturity of $10$ years or more

Zero$-$coupon rate

High probability of default

Less than investment$-$grade ratingSelect all that apply

All junk bonds typically have which of these features?

Time to maturity of $10$ years or more

Zero$-$coupon rate

High probability of default

Less than investment$-$grade ratingSelect all that apply

All junk bonds typically have which of these features?

Time to maturity of $10$ years or more

Zero$-$coupon rate

High probability of default

Less than investment$-$grade rating