What is a junk bond?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
Junk bonds are unsecured and very risky typically ...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-0324787351
1st Edition
Authors: Rich Jones, Mowen, Hansen, Heitger
Question Posted:
Students also viewed these Accounting questions
-
What is a junk bond?
-
What are the primary uses of junk bond financing?
-
What is a junk bond? What are some of the controversies created by junk-bond financing?
-
Enviro-Tech has only two retail and two wholesale customers. Information relating to each customer for 2012 follows (in thousands): Enviro-Tech's annual distribution-channel costs are $33 million for...
-
1. Explain how a stock dividend differs from a cash dividend. 2. Explain how a large stock dividend differs from a small stock dividend. 3. Explain how reselling treasury stock for more than it was...
-
What information about the firm is provided by liquidity measures?
-
Trouble was being experienced by a new high-tech machine for joining two pieces of sheet metal. The two factors considered first are the pressure (low/high) and temperature of the pump low/high. The...
-
The ultimate analysis of a No.4 fuel oil is 86.47 wt% carbons. 11.65% hydrogen, 1.35% sulfur, and the balance noncombustible inerts this oil is burned in a steam-generating furnace with 15% excess...
-
An entrepreneur asks for $100,000 to purchase a diagnostic machine for a healthcare facility. The entrepreneur hopes to maintain as much equity in the company, yet the Angel Investor requires the...
-
The balance sheet items of Mercer Company as of December 31, 2011, follow in random order. You are to prepare a balance sheet for the company, using a similar sequence for assets as illustrated in...
-
What does it mean if a bond is convertible?
-
Describe the process that businesses follow to sell new issues of long-term debt.
-
Briefly describe the adjustment of a deferred tax liability (or asset) and the related income statement disclosure for a change in the income tax rate.
-
Choose three people you know who watch YouTube videos. Interview them about whether they notice sponsorships of their favourite celebrities and channels. Have they responded to branded offers? Write...
-
Download the following article that advocates a socialist economic system: http://socialistworker. org/2006-1/573/573_12_Planning.shtml. Based on the discussions in this chapter, what fallacies can...
-
Select a 48-hour period and drive at or below the speed limit whenever you drive during that time. Keep a journal about your behavior, experience, and feelings. How did this affect your time...
-
Sketch the curves using the equations given in Problems 28-51. \(\frac{x^{2}}{25}+\frac{y^{2}}{36}=1\)
-
Graph the first-degree inequalities in two unknowns in Problems 13-48. \(x+3 y>420\)
-
Reflect on the predominant leadership styles used in your clinical area. What impact do they have on the safety culture of the clinical area?
-
Below is a sample of the data in the file NFLAttendance which contains the 32 teams in the National Football League, their conference affiliation, their division, and their average home attendance....
-
What is the result of running sfold from Section 9.4.1 on the following strings? Assume a hash table size of 101 slots. (a) HELLO WORLD (b) NOW HEAR THIS (c) HEAR THIS NOW
-
"To have maximum control over cash payments, all payments should be made by cheque." Is this true? Explain.
-
At a dental office, the receptionist schedules appointments and can cancel them. She also collects payment from patients (about 10% of them pay cash) and maintains all of the accounting records for...
-
Who should be responsible for preparing a bank reconciliation? Why?
-
Pharoah Enterprises purchased a delivery truck on January 1 , 2 0 2 5 , at a cost of $ 2 6 , 0 0 0 . The truck has a useful life of 7 years with an estimated salvage value of $ 5 , 9 1 0 . The...
-
Consider the following recurrence relation: A(1)=1, A(n) = 2A(n-1)+2"-1 Use the method of unraveling to find a closed form for A(n).
-
Given the following formula: Monthly Pay= [rate + rate / ([1+rate] ^(months) -1) X principle Where rate of 6% means 6/1200 and Months means number of years x 12 Possible data to test: Principle 12200...
Study smarter with the SolutionInn App