Examlex
Which of the following statements about is true?
Junk Bonds
Risky bonds issued by financially weak companies that pay high rates of interest. Also called high yield bonds.
Corporate Raiders
Investors who buy a large stake in a corporation with the goal to gain control and make changes to increase its value and their profit.
Hostile Takeovers
Hostile takeovers occur when a company acquires another company against the wishes of the target company's management and board of directors.
WACC
Weighted Average Cost of Capital, or WACC, is a financial metric that calculates the cost of capital for a business, weighting each capital segment according to its relative proportion.
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