Type of Bond Junior mortgage bonds Description These bonds are backed by real estate holdings and equipment, and if a company goes bankrupt, the collateral can be sold off to compensate for the default. These bonds, more so than other collateralced securities, have prior claims over assets These bonds are not backed by any physical collateral. They are backed by the reputation and creditworthiness of the wing company These bonds have a chmon sets only after senior debe has been paid in full Debent actory Based on your understanding of bond ratings and bond-rating centers, which of the following statements is true? An indenture is a legal document that details the rights of bondholders. If the indenture includes a song funds provision, the bond will have less deftrick An inderture is a legal document that details the rights of beholders. If the indenture includes a sinking funds provision, the band will have more default ge of collateral, and so on. Identify the type of bond based on eac Type of Bond Junior mortgage bonds mpany goes bonds, more Senior mortgage bonds - the reputation Subordinated debentures RS Debentures n full. Junior mortgage bonds h of the following statements is true? holders. If the indenture includes a sinking funds provision, the bond will holders. If the indenture includes a sinking funds provision, the bond will since the 1930s. The collapse of the housing bubble in 2006 led to a massive sally banking and financial entities. Severe liquidity shortfalls in the United ang the credit crisis of 2008-2009, several banks and other businesses went the following yarne