________ are popular vehicle used to finance mergers and takeovers.

Question

Quizplus · Accepted Answer

Junk bonds are high-yield, high-risk bonds that are often used to finance mergers and takeovers because they offer the potential for high returns. Their high risk means that they have lower credit ratings and higher interest rates than other types of bonds, making them attractive to investors who are willing to take on more risk in exchange for the possibility of higher returns.

________ Are Popular Vehicle Used to Finance Mergers and Takeovers