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Cathrine565
Cathrine565 Cathrine565
  • 06-06-2015
  • Business
Answered

Why do junk bonds offer a higher yield than other types of bonds?

Verified Answer :

desireurban13
desireurban13 desireurban13
  • 06-06-2015

Well they have a higher risk of default, so they pay higher yields to persuade people to buy them

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