A Type of Bond That Is Unsecured and Gives Bondholders

Multiple Choice

A type of bond that is unsecured and gives bondholders a claim secondary to that of other designated bondholders with respect to interest payments,repayment,and assets is called a:

A) debenture bond.
B) mortgage bond.
C) subordinated debenture.
D) preemptive bond.
E) treasury bond.