All of the following are types of innovative bonds except:
A) preferred stock.
B) asset-backed bonds.
C) pass-through certificates.
D)mortality bonds.

Question

Quizplus · Accepted Answer

Preferred stock is not a type of bond. It is a type of equity investment that represents ownership in a company. The other options (asset-backed bonds, pass-through certificates, and mortality bonds) are all types of innovative bonds.

All of the Following Are Types of Innovative Bonds Except