The term associated with bonds that are structured as unsecured debt is: Debenture Conversion Bond Indenture a morgage QUESTION 3 The process of retiring an old bond before maturity and replacing it with a new issue is called refunding. True False QUESTION 4 An operating lease requires annual expense deductions that are more than the lease payments. True False QUESTION 5 The steps tn capital budgeting include all of the following except. Identify the cash inflows and outflows Calculate each cash flow Preparing a statement of cash flows Determine the net present value of combinded cash flows QUESTION 6 What calculation is best used for estimating th total rate of return for a bond. Yield to Maturity Coupon Rate Current Yield Refunding QUESTION 7 Moody's bond ratings start with Aaa and end with C. True False