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partygirl4u59 partygirl4u59
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A month ago
Junk bonds are

▸ corporate bonds of bankrupt companies.

▸ subordinated debentures.

▸ speculative bonds with ratings below investment grade.

▸ a nickname for bonds traded in the Hong Kong market.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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thomas1993thomas1993
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A month ago
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Thanks for your help!!
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Just got PERFECT on my quiz
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