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goji.go goji.go
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11 years ago
A corporate bond backed by collateral is called a ________.
A) debenture bond
B) secured bond
C) convertible bond
D) treasury bond
E) treasury note
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Diesel
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bbb
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#1
11 years ago
B) A secured bond is a bond that is backed by collateral that can be sold to reimburse bondholders. A debenture bond is an unsecured bond with only the company's promise to pay behind it. A convertible bond is one that can be exchanged for a given number of shares of stock in the company. Treasury bonds are issued by the United States government and are thus not corporate bonds.
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goji.go Authorgoji.go
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11 years ago
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