If a corporation were to choose between issuing a debenture,a mortgage bond,or a subordinated debenture,everything else equal (such as coupon rate,maturity,etc.)which would sell for the greatest price?

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A mortgage bond is secured by a specific property, whereas a debenture is not secured by any underlying asset. This makes the mortgage bond less risky for investors, which in turn would result in a higher price. A subordinated debenture is lower in priority compared to other debt of the corporation, making it riskier for investors than a mortgage bond but less risky than a debenture. Therefore, the price of a subordinated debenture would be somewhere in between a mortgage bond and a debenture.

If a Corporation Were to Choose Between Issuing a Debenture,a