Help
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.
Which bond's interest and principal can be repaid by the US government?
Choose wisely. There is only one correct answer.
Treasury bond. The US Treasury sells its own bonds.
2.
Which unsecured bond can be exchanged for stock?
Choose wisely. There is only one correct answer.
Convertible bond. This bond has no collateral backing it.
3.
Municipal bonds that are not backed by collateral are called _______.
Choose wisely. There is only one correct answer.
General obligation bonds. Their collateralized counterparts are called revenue bonds.
4.
Mortgage bonds are backed by _______.
Choose wisely. There is only one correct answer.
Real estate. That is why they are called mortgage bonds.
5.
Unsecured bonds are issued with the issuer's promise to offer stock options in the future.
Choose wisely. There is only one correct answer.
False. The sellers do not offer stock options to investors at a later date when issuing unsecured bonds.