IIA
IIA-CIA-PART3 · Question #282
An organization with a stable rating, as assessed by International rating agencies, has issued a bond not backed by assets or collateral. Payments of the interests and the principal to bondholders…
The correct answer is D. A debenture bond. You've hit your session limit · resets 10:20pm (America/New_York)
Question
An organization with a stable rating, as assessed by International rating agencies, has issued a bond not backed by assets or collateral. Payments of the interests and the principal to bondholders are guaranteed by the organization. Which type of bond did the organization issue?
Options
- AA sinking fund bond.
- BA secured bond.
- CA junk bond.
- DA debenture bond
How the community answered
(33 responses)- A9% (3)
- B6% (2)
- C3% (1)
- D82% (27)
Explanation
You've hit your session limit · resets 10:20pm (America/New_York)
Community Discussion
No community discussion yet for this question.