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Jchanis15 Jchanis15
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2 years 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
Authors:
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oth987oth987
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2 years ago
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Jchanis15 Author
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2 years ago
Thank you, thank you, thank you!
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Just got PERFECT on my quiz
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