Intermediate term notes sold to the general public are usually secured by collateral.

Name: Intermediate term notes sold to the general public are usually secured by collateral.
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Question

Intermediate term notes sold to the general public are usually secured by collateral.​

Quizplus · Accepted Answer

Intermediate term notes sold to the general public may be secured or unsecured, depending on the issuer's creditworthiness and market demand. However, if collateral is provided, it may enhance the creditworthiness of the note and reduce the interest rate charged to investors.

Intermediate Term Notes Sold to the General Public Are Usually