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Which one of the following is a false statement? A Mortgage is unsecured debt with original maturity less than 10 years B A sinking fund

Which one of the following is a false statement?

A Mortgage is unsecured debt with original maturity less than 10 years

B A sinking fund is managed by a trustee for early bond redemption

C Callable bond may be repurchased by issuer at specifed call price during call period

D A debenture is unsecured

E A collateral is secured by financial securities

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