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In Australasia, a debenture is a corporate bond that is: Select one: a. Issued with no underlying security attached. b. Sold at a discount to
In Australasia, a debenture is a corporate bond that is:
Select one: a. Issued with no underlying security attached. b. Sold at a discount to face value unlike other corporate bonds. c. Secured by a fixed charge over the issuing companys unpledged assets. d. Also referred to as an unsecured note. e. Secured by a fixed charge over all the issuing companys assets.
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