If junk bonds are "junk," then why do investors buy them?

Name: Problem 1, Chapter 6: The Economics of Money, Banking, and Financial Markets
Uploaded: 2021-03-07T00:33:49-08:00
Duration: 1 min 3 s
Channel: Sandile Ndlovu
Description: If junk bonds are "junk," then why do investors buy them?

Question

Sandile Ndlovu · Accepted Answer

step 1 Problem 1 says, if junk bonds are junk, then why do investors buy them? Okay, so there are mainl

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