Answer:
- The statement ``Bonds are a form of interest-bearing notes payable` is True.
- The statement `Secured bonds have specific assets of the issuer pledged as collateral for the bonds` is True.
- The statement ` Secured bonds are also known as debenture bonds ` is False.
- The statement `A conversion feature may be added to bonds to make them more attractive to bond buyers` is True.
Step-by-step explanation:
Bonds are a type of debt security that represents a loan made by an investor to a borrower. The borrower, typically a government or corporation, promises to repay the loan with interest over a specified period of time. Secured bonds are backed by specific assets of the issuer, which serve as collateral in case of default. However, secured bonds are not the same as debenture bonds.
Debenture bonds are unsecured bonds that are backed only by the issuer's creditworthiness. Conversion features, such as the ability to convert bonds into shares of stock, can make bonds more attractive to investors.
Your question is incomplete, but most probably the full question was:
Nick Bosch has prepared the following list of statements about bonds
Identify each statement as true or false.
1. Bonds are a form of interest-bearing notes payable
2. Secured bonds have specific assets of the issuer pledged as collateral for the bonds
3. Secured bonds are also known as debenture bonds.
4. A conversion feature may be added to bonds to make them more attractive to bond buyers.