Describe the nature of a bond. Include at least the following ideas. Term/maturity ............face value Debt versus

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Describe the nature of a bond. Include at least the following ideas.
Term/maturity ............face value
Debt versus equity .......“buying” a bond
Non-amortized .....one borrower/many lenders
Risk .........conflict with stockholders

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Practical financial management

ISBN: 978-0324422634

5th Edition

Authors: William r. Lasher

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Question Posted: Sep 13, 2012 04:25 AM

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Describe the nature of a bond. Include at least the following ideas. Term/maturity ............face value Debt versus

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A bond represents a debt relationship between the investor lender and the issuing company borrower I...View the full answer

Practical financial management

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