Which of the following offered an alternative opportunity for financing, while the public could invest in growing firms or firms undergoing turnarounds while enjoying higher interest?
A) Junk bonds
B) Municipal bonds
C) Treasury bonds
D) Brady bonds

Question

Quizplus · Accepted Answer

Junk bonds were an alternative to traditional financing options that allowed the public to invest in growing or turnaround companies while earning higher interest rates. Municipal bonds are issued by local governments to fund public projects, Treasury bonds are issued by the US government to finance national debt, and Brady bonds are a type of bond issued by developing countries to restructure their debt.

Which of the Following Offered an Alternative Opportunity for Financing