1. Forrest is starting a lawn care business but needs to buy lawnmowers. He gets some money...
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1. Forrest is starting a lawn care business but needs to buy lawnmowers. He gets some money from Jenny, whom Forrest will pay back over time with interest of 6 percent, and some money from Dan, whom Forrest promises 10 percent of his future profits. In this case, is a stockholder, and is a bondholder.
a. Jenny, Forrest
b. Jenny, Dan
c. Dan, Forrest
d. Dan, Jenny
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