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Dayton Manufacturing Company Recently Issued a Bond to Finance a New

Question 51

Multiple Choice

Dayton Manufacturing Company recently issued a bond to finance a new manufacturing plant in Brampton,Ontario.The land on which the plant will be built has been pledged as collateral.Which of the following type of bonds has the company issued?


A) indenture bonds
B) mortgage bonds
C) debenture bonds
D) revenue bonds

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