Which One of the Following Is an Unsecured Bond Issued

question 42

Multiple Choice

Which one of the following is an unsecured bond issued by a corporation?

• A)indenture
• B)general obligation bond
• C)plain vanilla bond
• D)debenture
• E)trust bond

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Definitions:

Deviations

Instances of departing from an established course or accepted standard.

Average Return

The sum of returns accrued over a period divided by the number of periods to assess investment performance.

Volatility

A statistical measure of the dispersion of returns for a given security or market index, indicating how much and how quickly the value of an investment, market, or market sector changes.

Geometric Average Return

The average rate of return of a set of values calculated by multiplying the n values and taking the n-th root.