This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Explain the difference between a secured bond and a debenture. What will be an ideal ... (Read 48 times)

cmoore54

  • Hero Member
  • *****
  • Posts: 568
on: Jul 5, 2018
Explain the difference between a secured bond and a debenture.
 
  What will be an ideal response?

Question 2

If any merchandise has been returned, the sales discount is calculated on the net sales amount.
 a. True
   b. False
   Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kingjoffery

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 5, 2018
Answer to Question 1

A secured bond has collateral to back the bond. If the issuer of the bond does not keep up with the interest payments owed on the bond, then the bondholders have the right to take possession of the collateral that backs the bond. A debenture is a bond backed only by the credit rating of the issuing company. There is no collateral available to bondholders in case of default.

Answer to Question 2

True


cmoore54

  • Member
  • Posts: 568
Reply 2 on: Jul 5, 2018
Gracias!

pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Flower part number is a characteristic difference between monocots and eudicots Flower part number is a characteristic difference between monocots and eudicots
A pharmacist can explain to a patient why medication may look different and ensure the correct ... A pharmacist can explain to a patient why medication may look different and ensure the correct ...
The Number of Children Americans Think Are Ideal The Number of Children Americans Think Are Ideal
Covalent and noncovalent bond energies Covalent and noncovalent bond energies
Difference-Between-Carbohydrates-and-Lipids-infographic Difference-Between-Carbohydrates-and-Lipids-infographic
Please fully explain in detail Please fully explain in detail
Video: Carpal Tunnel Syndrome

For a complete list of videos, visit our video library