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    Exam 1: A Modern Financial System: An Overview
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    When a Company Issues a Long-Term Debt Instrument with No
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When a Company Issues a Long-Term Debt Instrument with No

Question 52

Question 52

Multiple Choice

When a company issues a long-term debt instrument with no security attached it is selling _____ to investors.


A) shares
B) debentures
C) unsecured notes
D) term loans

Correct Answer:

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