InvestQuiz.com
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Which of the following best describes a guaranteed bond?
One that is issued by corporations not in bankruptcy
One that is backed by stock issued held by the issuer
One that is backed by the assets of another company
One that is backed by the assets of a government agency
Almost... Try again!
A guaranteed bond is one that's backed by the assets of another company, usually the parent company.
That was good, how about this?
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Which of the following best describes a guaranteed bond?
1 of 2 people (50%) answered this question correctly.
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