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bbergeron11 bbergeron11
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________ are unsecured bonds, backed only by the corporation's promise to pay.

▸ Convertible bonds

▸ Protected bonds

▸ Bills of exchange

▸ Debentures

▸ Non-convertible bonds
Textbook 

Business in Action


Edition: 9th
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kidacekidace
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Debentures

Debentures are unsecured bonds, backed only by the corporation's promise to pay. Debentures are riskier than other types of bonds.

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