The debentures that are considered as junior bonds as compared to debentures and mortgage bonds are classified as Options: A . &nbspsubordinated debentures B . &nbspordinate debentures C . &nbspexpansion debentures D . &nbsppremium debentures

The debentures that are considered as junior bonds as compared to debentures and

Question

The debentures that are considered as junior bonds as compared to debentures and mortgage bonds are classified as

Options:

A . subordinated debentures

B . ordinate debentures

C . expansion debentures

D . premium debentures

Answer: Option A
Answer: (a).subordinated debentures

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