High-yield bonds rated below investment grade by the bond-rating agencies are frequently referred to as ________
A) municipal bonds
B) Yankee bonds
C) "fallen angels"
D) junk bonds
D
Business
You might also like to view...
What is brand equity?
What will be an ideal response?
Business
Bocce Shoes, an Italian firm, set up a production facility in Vietnam to manufacture the firm's line of athletic shoes. Bocce is most likely using a(n) ________ strategy
A) dependability B) flexibility C) innovation D) efficiency/cost
Business