Asked by Zachary Smith on May 02, 2024
Verified
Secured bonds are backed by a specific pledge of company assets.
Secured Bonds
Secured Bonds are debt securities backed by collateral to reduce the risk associated with lending, enhancing the bondholder’s security.
- Acquire knowledge about the diverse financial instruments and securities, understanding their risk levels and methods of insurance.
Verified Answer
DR
Donte RicksMay 03, 2024
Final Answer :
True
Explanation :
Secured bonds are indeed backed by a specific pledge of company assets, providing a form of collateral to bondholders.
Learning Objectives
- Acquire knowledge about the diverse financial instruments and securities, understanding their risk levels and methods of insurance.