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Exam Series 6 All Questions

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Exam Series 6 topic 1 question 55 discussion

Actual exam question from FINRA's Series 6
Question #: 55
Topic #: 1
[All Series 6 Questions]

A long-term, unsecured bond issued by a corporation is called:

  • A. a debenture.
  • B. a general obligation bond.
  • C. commercial paper.
  • D. an industrial revenue bond.
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Suggested Answer: A 🗳️
A long-term, unsecured bond issued by a corporation is called a debenture. Commercial paper is short-term debt of a corporation, and general obligation and industrial revenue bonds are issued by state and local governments.
by lolojepu at April 6, 2025, 1:13 a.m.

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