Which of the following is not a characteristic of corporate bonds?
A) Have different ratings
B) Are long-term equity securities
C) Subject to default risk
D) Not backed by the federal government

Question

Quizplus · Accepted Answer

Corporate bonds are debt securities, not equity securities. Equity securities represent ownership interests, such as stocks, whereas bonds are a form of borrowing and represent a debt of the issuer.

Which of the Following Is Not a Characteristic of Corporate