Which of the Following Statements Are Correct in Respect to High-Yield

question 104

Multiple Choice

Which of the following statements are correct in respect to high-yield bonds?
I. They are junk bonds with highly unpredictable rates of return.
II. The issuing corporation usually has an excessive amount of debt.
III. They possess a high level of default and market risk.
IV. They are often subordinated debentures.

• A) I, II and III only
• B) II, III and IV only
• C) I and III only
• D) I, II, III and IV

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Definitions:

Person-Environment Fit

The degree to which individual and environmental characteristics match.

Enterprising

Showing initiative and willingness to undertake new projects.

Human Factors Psychology

The study of how people interact with products, systems, and environments in order to improve technology, safety, and usability.

Organizational Psychology

A branch of psychology that studies how people interact within groups and how workplaces operate to improve efficiency and productivity.