Difference between revisions of "Junk bonds"

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'''Junk bonds''' consist of [[debt]] that is very risky, so much so that it is not considered "investment grade."  The chances of the debt never being paid off are simply too high.
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#REDIRECT[[Junk bond]]
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Typically junk bonds pay unusually high interest rates in order to compensate the lender for the additional risk.
 
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[[Category:Finance]]
 

Latest revision as of 22:29, February 24, 2019

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