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Author Question: What are junk bonds?[br][br][b][color=#347235]Question 2[/color][/b][br][br]People who have dental ... (Read 154 times)

arivle123

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on: Jun 30, 2018
What are junk bonds?

Question 2

People who have dental insurance don't floss often enough. This is an example of
 A) asymmetric information.
  B) bad parenting.
  C) moral hazard.
  D) risk adverse behavior


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Tabitha_2016

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Reply #1 on: Jun 30, 2018
Answer to Question 1

Bonds that have financed leveraged buyouts (LBOs) are pejoratively known as junk bonds, whose higher yields reflect of their higher default probabilities.

Answer to Question 2

C


arivle123

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Chelseyj.hasty

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Reply 3 on: Yesterday
Excellent

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