Series 6 - Investment Company And Variable Contracts Products Representative Exam
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A company with poor credit that wants to raise capital via a bond issuance will most likely use which of the following instruments?
Guaranteed bonds
A
Debentures
B
Short term bonds
C
Collateral trust certificate
D
Explanations
Collateral trust certificates are backed by securities that the issuer owns. A Trustee holds the securities, and in the event of a default, uses them to pay off the bonds.
Pricing
Basic
Part of the questions for each course
-
- Course
- Questions
-
- SIE
- 20 of 150
-
- Series 6
- 30 of 500
-
- Series 7
- 50 of 625