Destiny is most likely to be interested in junk bonds. Junk bonds are known for their higher yields compared to other types of bonds because they carry a higher risk of default.
Bonds and Financial Assets Quick Check
1 of 51 of 5 Items
Question
Destiny prefers investments that offer the highest possible returns, even if they are risky. Which of the following bonds is Destiny most likely to be interested in?(1 point)
Responses
municipal bonds
municipal bonds
corporate bonds
corporate bonds
savings bonds
savings bonds
junk bonds
1 answer
3 answers