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Which statement about junk bonds is true? O They offer average interest yields even though the company's success is unknown. O They offer low interest yields because the company is at a lower risk of default.
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1 vote
Which statement about junk bonds is true?

O They offer average interest yields even though the company's success is unknown.
O They offer low interest yields because the company is at a lower risk of default.
O They offer high interest yields because the company is at a greater risk of default.
O They offer high interest yields because the company is known to be successful.

User Scarnet
by
3.3k points

2 Answers

0 votes

Answer:

The third one

Step-by-step explanation:

User Sixtytrees
by
3.5k points
1 vote

Answer:

3

Step-by-step explanation:

They are a big risk to the business

User Tarling
by
3.3k points
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