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Junk bonds sell for higher prices than non- junk bonds.
Parent Entity
A company that has control, directly or indirectly, over other companies or subsidiaries.
Control
The ability to control the economic and functional strategies of an organization in order to gain advantages from its operations.
Financial Policies
Guidelines, rules, and procedures created by a company to govern its actions in the financial market, including investment, allocation, spending, and financing activities.
Operating Policies
Guidelines and protocols established by a company to govern its day-to-day operational activities and decisions.
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