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PIK-bonds

Jchanis15

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PIK-bonds

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

Edition: 14^th

Authors: Zutter, Smart

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This helped my grade so much Perfect

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Good timing, thanks!

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