Which of the Following Statements Is Correct

question 16

Multiple Choice

Which of the following statements is correct?

• A)Michael Milken pioneered an active high-yield bond market in the late 1970s that provided much needed capital to entrepreneurs and financial innovators.
• B)Prior to Milken, the only junk bonds were those issued by once financially stable firms that had fallen on hard times.
• C)Milken showed investors that, historically, junk bonds rarely defaulted and offered a very high return to those willing to assume the risk of owning them.
• D)All of these statements are correct.

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Definitions:

Conventional Theory

In electrical engineering, it refers to the theory that assumes current flows from the positive to the negative terminal, opposite to electron flow.

Electrical Current Flow

The movement of electric charge carriers, such as electrons, through a conductor or circuit, typically measured in amperes.

Atomic Number

The number of protons in the nucleus of an atom, which determines the chemical properties of an element.

Number of Protons

A fundamental characteristic of an element that defines its identity in the periodic table, equal to the atomic number.