janetteroig janetteroig
  • 11-04-2019
  • Mathematics
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What are secured bonds?

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Аноним Аноним
  • 11-04-2019

Answer:

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Step-by-step explanation:

A secured bond is a type of bond that is secured by the issuer's pledge of a specific asset, which is a form of collateral on the loan. In the event of a default, the bond issuer passes title of the asset onto the bondholders.

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