Multiple Choice
Which of the following statements about junk (high-risk) bonds is true?
A) They never outperform treasury bonds since they're too risky.
B) The price of junk bonds increase as their perceived risk increases.
C) They tend to perform best during recessions.
D) One can profit by owning them if market perceptions of their risk decline.
Correct Answer:
Verified
Correct Answer:
Verified
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