The Junk Bond Market Includes All of the Following Except

question 21

Multiple Choice

The junk bond market includes all of the following except:

• A)fallen angels.
• B)profitable companies undergoing expansion.
• C)growth companies (small firms not that well established, making them unable to receive an investment quality rating).
• D)companies undergoing restructuring because of a leveraged buyout (LBO) or unfriendly takeover.

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Definitions:

Detached

Being emotionally disengaged or indifferent; showing a lack of emotional involvement.

Unreal

Something that is not real or exists only in the imagination; not existing in physical or tangible form.

Obsessive-Compulsive Disorder

A mental disorder characterized by intrusive thoughts (obsessions) and repetitive behaviors (compulsions) performed to alleviate anxiety.