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Number of Pages 7
This research paper: A 7 page paper defining and discussing leveraged buyouts, junk bonds and the effect that they can have on the economy. At some point, asset prices generally become inflated and junk bonds can be based on little or no value in the underlying company. The paper ends with a quote from the Bible (Ecclesiastes 7:12), and a comment about how the prudent investor should deal with the issue of junk bonds. Bibliography lists 14 sources.
File: CC6_KSfinLevBuy.rtf
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