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00 6,000 $7,000 Question 13 Secured bonds: O Are called debentures O Have specific assets of the issuing company pledged as collateral OAre backed by

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00 6,000 $7,000 Question 13 Secured bonds: O Are called debentures O Have specific assets of the issuing company pledged as collateral OAre backed by the issuer's bank OAre subordinated to those of other unsecured labilities Are the same as sinking fund bonds 000 subordinated to those of other unsecured liablities re the same as sinking fund bonds Question 14 The carrying value of bonds at maturity always equals O the amount of cash originally received in exchange for the bonds O the par value of the bond O the amount of discount or premium O the amount of cash originaly received in exchange for the bonds pls anyunamrtind premium the amount in excess of par value F3

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