Bonds with Relatively High Risk of Default Are Called

question 82

Multiple Choice

Bonds with relatively high risk of default are called

• A)Brady bonds.
• B)junk bonds.
• C)zero coupon bonds.
• D)investment grade bonds.

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Definitions:

Minor

An individual under the legal age of adulthood, usually under 18, with certain restrictions on their legal rights and responsibilities.

Exculpatory Clauses

Provisions in a contract that release one party from liability for wrongful acts or negligence.

Illegal

Activities or actions that are forbidden by law and subject to penalties.

Parents

Individuals who have a biological or legal responsibility for raising and caring for a child.