An example of collateralized bond

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1. An example of a collateralized bond is:

a. a bond backed by credit card receivables b. a debenture c. a subordinated debenture d. all the above

2. Which of the following is a secondary market transaction?

a. Facebook held its IPO in May 2012 and Bank of America was one of the banks who handled it.

b. Jason invests $100 in a mutual fund. He then uses the money to buy $100 of Walmart shares on the NYSE.

c. Verizon issues 2000 shares of new stock and sells them to the public through Morgan Stanley.

d. a & c

Reference no: EM131309655

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