Question: How are loans different from bonds? Check all that apply: Loans are typically secured and therefore usually senior to bonds Loans can usually be repaid

How are loans different from bonds?
Check all that apply:
Loans are typically secured and therefore usually senior to bonds
Loans can usually be repaid prior to maturity
Loans typically have a fixed rate of interest
The loans holders are protected by the board of directors, while bonds are a contract between the company and the bondholders
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