Question: Choose the correct statement about junk bonds. ( This is a multiple answer format question which means you should check all that apply...there may be

Choose the correct statement about junk bonds. (This is a multiple answer format question which means you should check all that apply...there may be more than one correct response). A. Junk bonds have a greater probability of default than investment grade bonds B. Junk bonds should have a higher Yield-to-Maturity than investment grade bonds with similar time to maturity C. Junk bonds should have a lower Yield-to-Maturity than investment grade bonds with similar time to maturity

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