In essence, the high-yield bond market shifts the risk from commercial banks to the investing public in general. There are four advantages to such a shift. Describe two of these advantages.

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The Answer of In essence, the high-yield bond market shifts the risk from commercial banks to the investing public in general. There are four advantages to such a shift. Describe two of these advantages.

In Essence, the High-Yield Bond Market Shifts the Risk from Commercial