Debentures are long-term unsecured bonds that are backed only by the general creditworthiness of the issuer.
举一反三
- A ______ bond is backed by the issuer’s ______ of the<br/>buildings, land, and equipment as security。
- 中国大学MOOC: Owners of bonds are bondholders, or creditors,of the issuer.
- You could only really tell the effects ( ), and five years wasn't long enough. A: in the short run B: in the short term C: in the long term D: in the long distance
- According to the market segmentation theory of the term structure,________ A: the interest rate for bonds of one maturity is determined by supply and demand for bonds of that maturity. B: bonds of one maturity are not substitutes for bonds of other maturities; therefore, interest rates on bonds of different maturities do not move together over time. C: investors' strong preference for short-term relative to long-term bonds explains why yield curves typically slope upward. D: all of the above. E: none of the above.
- Most municipal bonds are revenue bonds rather than general obligation bonds.