________ became popular vehicle used to finance mergers and takeovers during the 1980s.

Question

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Junk bonds, also known as high-yield bonds, became popular in the 1980s as a tool for financing mergers and takeovers. These bonds have higher risk and higher yields than investment-grade bonds, making them an attractive option for companies seeking to raise large amounts of capital quickly. However, they also come with a higher risk of default.

________ Became Popular Vehicle Used to Finance Mergers and Takeovers