Which of the following bonds is secured by assets?
A)A mortgage bond
B)A floating rate bond
C)A debenture
D)An indenture

Name: Which of the following bonds is secured by assets? A)A mortgage bond B)A floating rate bond C)A debenture D)An indenture
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Question

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A mortgage bond is secured by assets, specifically a property or real estate. The bondholder has a claim to the property if the issuer defaults on the bond. The other choices (B, C, and D) are all unsecured bonds.

Which of the Following Bonds Is Secured by Assets