Respuesta :

It should be noted that Bonds are not always categorized as secured or unsecured.

What is a bond?

A bond  serves as a fixed-income instrument which is inform of a loan that is given a borrower by investor.

Therefore, bonds represents a loan, however it cannot be categorized as secured or unsecured.

Learn more about bonds at:

https://brainly.com/question/25596583

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