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Jchanis15 Jchanis15
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2 months ago
PIK-bonds

▸ are relatively safe investments.

▸ initially pay interest payments in the form of additional debt.

▸ are collateralized by home mortgages.

▸ pay monthly interest payments.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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oth987oth987
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initially pay interest payments in the form of additional debt.
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