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    Exam 19: Using Securities Markets for Financing and Investing Opportunities
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    An Unsecured Bond, Backed Only by the Well-Respected Name of the Organization
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An Unsecured Bond, Backed Only by the Well-Respected Name of the Organization

Question 128

Question 128

Multiple Choice

An unsecured bond, backed only by the well-respected name of the organization, is called a ________ bond.


A) mortgage
B) leveraged
C) debenture
D) convertible

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