- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 16. Credit Analysis for Corporate Issuers
- Subject 3. Seniority Rankings, Recovery Rates, and Credit Ratings
CFA Practice Question
What is the most common type of all corporate bonds outstanding?
B. senior unsecured debt
C. subordinated debt
A. senior secured debt
B. senior unsecured debt
C. subordinated debt
Correct Answer: B
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