Which of the following types of bonds are usually unsecured debts maturing in 20-40 years and paying semi-annual interest?

Question

Quizplus · Accepted Answer

Corporate bonds are usually unsecured debts maturing in 20-40 years and paying semi-annual interest. Municipal bonds are issued by state and local governments, convertible bonds can convert into equity or stock, and zero coupon bonds do not pay interest but are sold at a discount and mature at face value.

Which of the Following Types of Bonds Are Usually Unsecured