Another Name for High-Yield Bonds Is

question 63

Multiple Choice

Another name for high-yield bonds is

• A) corporate bonds.
• B) federal agency bonds.
• C) T-bills.
• D) junk bonds.

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Definitions:

Declaration Date

The day when a company's board of directors declares the upcoming dividend payment.

Ex-Dividend Date

The date after which a stock is traded without its previously declared dividend, meaning purchasers no longer have the right to receive the declared payment.

Date Of Record

A specific date set by a company on which the shareholders must be registered to be entitled to dividend payments.

Cum Dividend

A term used to describe a stock that is trading with the right to receive a dividend that has been declared but not yet paid.