Most public debentures are issued by _________ companies and are _______ .
A) utility and railroad; secured by a pledge on specific assets
B) industrial and finance; unsecured general obligations
C) utility and railroad; unsecured general obligations
D) industrial and finance; secured by a pledge on specific assets
E) None of the above.
Correct Answer:
Verified
Q1: Short-term debt is sometimes referred to as:
A)secured
Q2: The main difference between an open-end and
Q4: Floating rate bonds are bonds with:
A)floating par
Q5: The length of time debt remains outstanding
Q6: Which of the following bonds is secured
Q7: A description of the property in security
Q8: Zeros are bonds that have zero:
A)maturity.
B)call dates.
C)sinking
Q9: Put provisions in bonds allow the:
A)issuer to
Q10: Bonds below BBB or Baa are called:
A)income
Q11: Long term debt that is privately placed
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