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Which of the following correctly defines debenture bonds? Multiple Choice Bonds which may be exchanged at the option of the bondholder for a specific number

Which of the following correctly defines debenture bonds? Multiple Choice Bonds which may be exchanged at the option of the bondholder for a specific number of shares of capital stock. Bonds which carry substantially greater risk of default than normal. Bonds not secured by a pledge of specific assets. Bonds secured by the pledge of specific assets

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