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Which of the following statements are correct in respect to high-yield bonds?I.They are junk bonds ...

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Which of the following statements are correct in respect to high-yield bonds?I.They are junk bonds ...

Which of the following statements are correct in respect to high-yield bonds?

I.	They are junk bonds with highly unpredictable rates of return.

II.	The issuing corporation usually has an excessive amount of debt.

III.	They possess a high level of default and market risk.

IV.	They are often subordinated debentures.

▸ I, II and III only

▸ II, III and IV only

▸ I and III only

▸ I, II, III and IV

Textbook

Fundamentals of Investing

Edition: 14^th

Authors: Zutter, Smart

Read 41 times

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jarste123

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ttools Author

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Smart ... Thanks!

TheMoffattMan

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

rudy.zondo

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