Junk Bonds

question 75

Multiple Choice

Junk bonds

• A) pay little or no interest.
• B) are commonly used to finance municipal waste disposal facilities.
• C) are issued by the U. S. Treasury Department.
• D) have yields that are considerably higher than those of the highest rated bonds.

---

Definitions:

Ethical Followership

The practice of supporting leaders and contributing to organizations in a manner that is consistent with ethical principles.

Collaborate

To work jointly with others or together especially in an intellectual endeavor.

Character Pillar

Fundamental qualities or attributes that define and shape an individual's character and moral integrity, often considered foundational to ethical behavior and personal development.

Fairness

The quality of making judgments that are free from discrimination, bias, and favoritism.