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IIA-CFSA · Question #178

Unsecured bonds are not backed by assets and provide no claim on assets for bondholders These include:

See the full explanation below for the reasoning.

Question

Unsecured bonds are not backed by assets and provide no claim on assets for bondholders These include:

Options

  • ADebenture
  • BSubordinated debenture
  • CCollateral trust bonds
  • DTrust indenture

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