Which of the following is NOT a relatively standard type of bond found in the financial markets?
A) collateral trust bond
B) repurchase agreement
C) equipment obligation
D) subordinated debenture

Question

Quizplus · Accepted Answer

Collateral trust bond, equipment obligation, and subordinated debenture are all standard types of bonds found in the financial markets. Repurchase agreement, also known as a repo, is not a type of bond but rather a type of short-term borrowing where securities are sold with an agreement to repurchase them at a later date.

Which of the Following Is NOT a Relatively Standard Type