Question: 20. WHAT IS DIFFERENCE BETWEEN A MORTGAGE BOND AND A DEBENTURE BOND? A) A MORTGAGE BOND IS ALWAYS PAID INSTALLMENTS B) A MORTGAGE BOND BONd

20. WHAT IS DIFFERENCE BETWEEN A MORTGAGE BOND AND A DEBENTURE BOND?

A) A MORTGAGE BOND IS ALWAYS PAID INSTALLMENTS

B) A MORTGAGE BOND BONd IS SECURED BY COLLATERAL

C) A DEBENTURE BONd IS BACKED BY THE GOVERNMENT

D) A DEBENTURE BOND IS SECURED BY COLLATERAL

Please help with the answer.

Thank you,

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