Bonds Will Always Fall into All but Which One of the Following

question 65

Multiple Choice

Bonds will always fall into all but which one of the following categories?

• A) Callable or convertible
• B) Term or serial
• C) Registered or bearer
• D) Secured or unsecured

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Definitions:

Net Income

The profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.