question archive Bonds will always fall into which one of the following pairs of categories? a
Bonds will always fall into which one of the following pairs of categories? a
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Bonds will always fall into which one of the following pairs of categories?
a. Secured or unsecured
b. Mortgage or sinking fund
c. Debenture or unsecured
d. Callable or convertible
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Answer:
a. Secured or unsecured
a bond can be either secured or unsecured
.A secured bond is a type of bond that is secured by the issuer's by creating a charge against specific asset whereas a unsecured bond doesn,t have any charge against any asset.
