High-risk, high-yield bonds used to finance mergers, leveraged buyouts, and troubled companies are referred to as:

Name: High-risk, high-yield bonds used to finance mergers, leveraged buyouts, and troubled companies are referred to as:
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High-risk, high-yield bonds are commonly known as junk bonds. They offer a higher interest rate to compensate for the greater risk involved in investing in them. They are often used to finance mergers, leveraged buyouts, and troubled companies.

High-Risk, High-Yield Bonds Used to Finance Mergers, Leveraged Buyouts, and Troubled