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Author Question: Which of the following statements regarding junk bonds is correct? (Read 147 times)

nanna

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on: Aug 7, 2023
Which of the following statements regarding junk bonds is correct?

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The large default variability combined with an appropriate risk-adjusted return make it possible for junk bonds to have attractive returns.


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The bonds rated less than BB are noninvestment-grade debt, also called junk bonds or high-yield debt.


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Since there is a high risk with junk bonds, there are no portfolio managers who specialize in junk bond investing.


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Although the Canadian market has some notable junk bond names such as Air Canada, Bombardier, and Quebecor Media, that market is large—more than 4% of the comparable U.S. market.

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by nanna on Aug 7, 2023

gcurrens

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nanna

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Reply 2 on: Aug 7, 2023
Thanks for the timely response, appreciate it

laurnthompson

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Reply 3 on: Yesterday
Excellent

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