Please distinguish between debentures and mortgage bonds, how does a bond’s par value differ from its...

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Please distinguish between debentures and mortgage bonds, howdoes a bond’s par value differ from its market value? Commonstockholders receive two types of return from their investment.Explain. Why is preferred stock frequently convertible? Why is itcallable?

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MORTGAGE BONDS are the bonds collateralized by some assets or something that has value and can be sold to pay the bondholders if company defaults on payment of bond or goes into bankruptcy while DEBENTURES have no such collateral they are unsecured debts backed only by the full faith and credit of issuing company Bonds Par Value is the value at    See Answer
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Please distinguish between debentures and mortgage bonds, howdoes a bond’s par value differ from its market value? Commonstockholders receive two types of return from their investment.Explain. Why is preferred stock frequently convertible? Why is itcallable?

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