[Solved] Which one of the following terms is defined as debt issued without specific collateral pledged as security? A)unsecured debt B)indenture C)vanilla bond D)naked bond E)risk-free bond Discount Rate: A rate utilized in the process of discounted cash flow analysis for determining the present value of future cash flows. Capital Budgeting: The process of evaluating and selecting long-term investments that are in alignment with the goal of maximizing investor wealth. Net Present Value: A financial metric that calculates the difference between the present value of cash inflows and outflows over a period of time. Intangible Benefits: Non-quantifiable advantages or value derived from a project, service, or product, such as brand recognition or customer loyalty.