Question: Bonds which are not collateralized by specific assets in the event the borrowing company defaults on bond payments are called: Select one: a serial bonds

 Bonds which are not collateralized by specific assets in the event

Bonds which are not collateralized by specific assets in the event the borrowing company defaults on bond payments are called: Select one: a serial bonds b. secured bonds. c callable bonds. d. convertible bonds e unsecured bonds

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