Debentures and secured bonds


What is the difference between the following?

a) The indenture and the trustee

b) The coupon rate and the current rate of interest

c) Debentures and secured bonds

d) A sinking fund and a call feature

e) Mortgage bonds and equipment trust certificates

f) Serial bonds and term bonds

g) Zero coupon and coupon bonds

h) High-yield and investment-grade bonds

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Finance Basics: Debentures and secured bonds
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