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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.
| + | #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]]
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