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What is the definition of a serial bond? Bonds that are backed by collateral Lender can convert bonds into a specified number of shares of

What is the definition of a serial bond? Bonds that are backed by collateral Lender can convert bonds into a specified number of shares of common stock. O Bond issue that matures (principal due) on a single date. Bonds that are not backed by collateral O Bond issue that matures (principal due) in installments Borrower can pay off bond early at a specified call price

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