Different Classes of Securities That Make Up a Single Bond

question 44

Multiple Choice

Different classes of securities that make up a single bond issuance are called:

• A)subordinated debentures.
• B)unsecured debt.
• C)sen ior debt.
• D)secured debt.
• E)tranches.

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Definitions:

Schedule K-1

A tax document issued for an investment in partnership entities, used to report the income, losses, and dividends of partners.

1099-MISC

An Internal Revenue Service (IRS) tax form used in the U.S. to report payments made in the course of a trade or business to individuals who are not employees.

Mortgage Interest

The interest charged on a loan used to purchase a home, which can often be deducted from one's taxable income.

Property Taxes

Taxes paid by property owners, based on the assessed value of their real estate, used primarily to fund public services like education and infrastructure.