CFA Practice Question

There are 490 practice questions for this study session.

CFA Practice Question

Collateral trust bonds ______

I. provide bondholders a lien against some fixed asset or real property.
II. provide bondholders a lien on stocks, bonds or other securities held by the firm.
III. are secured debt.
Correct Answer: II and III

User Contributed Comments 3

User Comment
katybo no assets no real property
Khadria I = mortgage secured bonds
khalifa92 which is equipment trust certificates
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