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The distinctive feature of debenture bonds is that they A. Share in the excess earnings of the debtor as defined in the contract. B. May
The distinctive feature of debenture bonds is that they A. Share in the excess earnings of the debtor as defined in the contract. B. May be presented for payment by the creditor prior to the maturity date. C. May be exchanged for the issuer's equity securities. D. Are unsecured
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