The following are secured bonds except:
A) Mortgage bonds
B) Debentures
C) Collateral trust bonds
D) Equipment trust certificate

Name: The following are secured bonds except: A) Mortgage bonds B) Debentures C) Collateral trust bonds D) Equipment trust certificate
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Question

Quizplus · Accepted Answer

Mortgage bonds, collateral trust bonds, and equipment trust certificates are all secured bonds backed by specific assets or collateral. However, debentures are unsecured bonds not backed by any specific asset or collateral.

The Following Are Secured Bonds Except