InvestQuiz.com
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Which of the following best describes a guaranteed bond?
One that is backed by the assets of another company
One that is backed by the assets of a government agency
One that is issued by corporations not in bankruptcy
One that is backed by stock issued held by the issuer
Be careful! Try again!
A guaranteed bond is one that's backed by the assets of another company, usually the parent company.
Brilliant! How about this one?
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Which of the following best describes a guaranteed bond?
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