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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(n) _____ bond is one that can be
exchanged, at the owner's option, for a specified number of shares of
the corporation's stock.
debenture
convertible
indenture
flexible
subordinated
Question 19. 19. (TCO 5) If a corporation is allowed to buy
outstanding bonds from current bondholders before the maturity date,
this is referred to as
a flexible bond.