Which of the following bonds are high yield bonds issued by companies that are considered highly speculative because of risk of default?

Question

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Junk bonds are high yield bonds issued by companies that are considered highly speculative because of risk of default. Municipal bonds are issued by state or local government entities and are generally considered less risky. Callable bonds allow the issuer to redeem the bond before maturity, while convertible bonds can be converted into equity shares of the issuing company.

Which of the Following Bonds Are High Yield Bonds Issued