What kind of corporate debt can be secured by any specified assets?
A) Mortgage bonds
B) Notes
C) Asset-backed bonds
D) Debentures
C
Business
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What will be an ideal response?
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Firms paying excess dividends may cause shareholders to pay taxes sooner and at a higher marginal tax rate than if the firm either held the excess funds, or found additional satisfactory investments
Indicate whether the statement is true or false
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