Bond issues may be classified according to the collateral behind the issues. Issuers of bonds include:
I. Corporations
II. Foreign government
a. I only
b. II only
c. Both I and II
d. Neither I nor II
Please find below solution.. let me know if you need any clarification.
Correct answer is option : c. Both I and II
Bond issues may be classified according to the collateral behind the issues. Issuers of bonds include:...
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