Junk bonds are bonds that are issued with risk involved. A company issuing junk bonds is usually in distress due to too much long-term debt. These bonds typically offer higher returns to bondholders to compensate for the risk that these bonds may not be able to issue repayment. Research a company that has issued junk bonds and share what became of that company. Would you invest in junk bonds? Why or why not?

Answer rating: 100% (QA)

One example of a company that has issued junk bonds is Frontier Communications Corporation Frontier ... View the full answer