+1 4853618276 support@regentessays.com

During the "merger happy" 1980s, junk bonds were a popular source of financing for leveraged buyouts (i.e. borrow money to acquire another firm). Junk bonds have bond ratings which are less than investment grade. Are junk bonds a bad investment? In two more paragraphs siting one source explain why or why not?

Order Your Custom Essay
Order Your Custom Essay