Question: Nvidia, a computer chip maker, has issued bonds that are not secured by any assets. It can do so because it has a good credit

Nvidia, a computer chip maker, has issued bonds that are not secured by any assets. It can do so because it has a good credit history and cash flow. What type of bond is the company issuing?

a. Mortgage bond

b. convertible bond

c. Debenture bond

d. Serial bond

e. Sinking bond

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!