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1. |
Which of the following statements is true regarding a corporate bond? |
A. | A corporate callable bond gives the holder the right to exchange it for a specified number of the company's common shares |
B. | A corporate debenture is a secured bond |
C. | A corporate indenture is a secured bond |
D. | A corporate convertible bond gives the holder the right to exchange the bond for a specified number of the company's common shares |
Answer» E. | |