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Which of the following statements is true? a. Secured bonds yield higher interest rates than unsecured bonds. O b. Term bonds are a series

 

Which of the following statements is true? a. Secured bonds yield higher interest rates than unsecured bonds. O b. Term bonds are a series of bond issues that all become due on a single specified date. O c. Serial bonds are a series of bond issues that all become due on a single specified date. O d. Term bonds consist of bond issue whose component parts become mature at different dates.

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