Help
Check out the
Help Center
for answers to frequently asked questions.
Send an email to
support@financialfitnessgroup.com
. We'll get back to you as soon as possible.
Call us at
(888) 345-1285
.
Course Catalog
>
Bonds
>
100
Bonds 107:
Secured and Unsecured Bonds
Test your knowledge
Choose wisely. There is only one correct answer to each question.
0%
Keep studying!
Review your answers below to learn more.
1.
The collateral behind a railroad car purchase may be the railroad car itself.
Choose wisely. There is only one correct answer.
True
False
True. Railroads commonly sell equipment trust certificates to buy new equipment. Sometimes, the collateral is the item that was bought.
2.
What is a debenture?
Choose wisely. There is only one correct answer.
A bond without collateral behind it
A high-yield bond
A secured bond
A corporate bond
A bond without collateral behind it. Some pay high yields, and many are sold by corporations, but all of them lack collateral.
3.
Mortgage bonds are backed by _______.
Choose wisely. There is only one correct answer.
Revenue
Real estate
Taxes
Real estate. That is why they are called mortgage bonds.
4.
Which unsecured bond can be exchanged for stock?
Choose wisely. There is only one correct answer.
Convertible bond
Income bond
General obligation bond
Treasury bond
Convertible bond. This bond has no collateral backing it.
5.
What secures revenue bonds?
Choose wisely. There is only one correct answer.
Fees levied by municipalities
Price hikes
Revenue generated by projects funded by the bonds
Taxes
Revenue generated by projects funded by the bonds. This revenue is used to pay interest and principal to investors.
Submit
DONE