What kind of corporate debt can be secured by any specified assets?
A)Mortgage bonds
B)Notes
C)Asset-backed bonds
D)Debentures

Question

Quizplus · Accepted Answer

Asset-backed bonds are specifically issued and backed by a pool of underlying assets, which can be any specified assets including real estate, equipment, inventory, or accounts receivable. The specific assets serve as collateral for the bond and provide security for the bondholders. Mortgage bonds are only backed by real estate, notes and debentures are unsecured debt.

What Kind of Corporate Debt Can Be Secured by Any