A bond backed by tangible (real) assets is known as a O a. debenture O b. U.S. government bond c. general obligation municipal bond d. mortgage bond e. subordinated debenture

EBK CONTEMPORARY FINANCIAL MANAGEMENT
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ISBN:9781337514835
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Chapter6: Fixed-income Securities: Characteristics And Valuation
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A bond backed by tangible (real) assets is known as a
O a. debenture
O b. U.S. government bond
c. general obligation municipal bond
d. mortgage bond
e. subordinated debenture
Transcribed Image Text:A bond backed by tangible (real) assets is known as a O a. debenture O b. U.S. government bond c. general obligation municipal bond d. mortgage bond e. subordinated debenture
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