An analyst is evaluating various debt securities i
An analyst is evaluating various debt securities issued by a company. The type of
security that is most likely to yield the lowest recovery in a bankruptcy is a:
A. debenture bond.
B. collateral trust bond.
C. mortgage bond.
参考解答
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2024-11-14 21:54:55
Ans:A;
A debenture bond is unsecured and would be expected to recover less should the company file for bankruptcy, while mortgage and collateral trust bonds are secured by real property.
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