IMANET Exam CMA Topic 4 Question 67 Discussion

Actual exam question for IMANET's CMA exam

Question #: 67
Topic #: 4

[All CMA Questions]

Junk bonds are

ASecurities rated at less than investment grade.

BWorthless securities.

CSecurities that are highly risky but offer only low yields.

DConsidered illegal since the collapse of the Drexel Burnham Lambert firm

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Suggested Answer: D

Once an old piece of equipment has been disposed of, its histoncal cost no longer has an impact on a firms cash flows.

by Hermila at Mar 19, 2023, 01:56 PM

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3 days ago

I think junk bonds are securities rated at less than investment grade.

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