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5 Which type of bond a mortgage bond, a debenture, a subordinated debenture, investment grade or junk bond generally has the: a. Mortgage bond, debenture,

5 Which type of bond a mortgage bond, a debenture, a subordinated debenture, investment grade or junk bond generally has the: a. Mortgage bond, debenture, subordinated debenture, which has the highest cost to the bond issuer and why? b. Investment grade or junk bond which has the least risk to the bond holder and why? c. Mortgage bond, debenture, subordinated debenture, which has the highest yield to the bond holder and why

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