The term "junk bonds" describes bonds with:
A)Low interest rates.
B)Indefinite maturity dates.
C)Low maturity values.
D)High risk.

Name: The term "junk bonds" describes bonds with: A)Low interest rates. B)Indefinite maturity dates. C)Low maturity values. D)High risk.
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Question

Quizplus · Accepted Answer

Junk bonds are high-yield, high-risk bonds issued by companies with a poor credit rating or unstable financials, making them significantly riskier than investment-grade bonds.

The Term "Junk Bonds" Describes Bonds With