$ 800 $ 875 $ 70 $ 1,142 $ 1,000
Question 16. 16.( TCO 5) The _____ is the financially independent firm or individual that acts as the bondholders ' representative.
trustee president of the corporation debenture holder indenture holder chairman of the board
Question 17. 17.( TCO 5) A _____ bond is unsecured and gives bondholders a claim secondary to that of other designated bondholders with respect to both income and assets.
subordinated debenture mortgage debenture preemptive Treasury Question 18. 18.( TCO 5) A _____ is a bond typically secured by assets. debenture bond