A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries. Options: A . &nbspMortgage bond B . &nbspJoint bond C . &nbspSecurity bond D . &nbspCollateral trust bond

A type of bond where the corporation pledges securities which it owns such as th

Question

A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries.

Options:

A . Mortgage bond

B . Joint bond

C . Security bond

D . Collateral trust bond

Answer: Option D

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