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
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