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Default is a) failure to meet any of the terms of the indenture b) failure to make dividend payments c) only failure to make interest

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Default is a) failure to meet any of the terms of the indenture b) failure to make dividend payments c) only failure to make interest payments d) failure to maintain more assets than liabilities Which of the following bonds is supported by collateral? a) unsecured bonds b) income bonds c) equipment trust certificates d) debentures

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