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1. Types of bonds Aa Aa Fixed-income securities consist of debt instruments and preferred stock. Bonds are debt securities in which a borrower promises to

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1. Types of bonds Aa Aa Fixed-income securities consist of debt instruments and preferred stock. Bonds are debt securities in which a borrower promises to pay a specified interest rate and principal at a future date. The entity that promises to make the interest and maturity payments for a bond issue is called the Based on the information given in the following statement, answer the questions that follow: In July 2009, Walmart sold 100 billion yen of five-year samurai bonds. Lead managers in the deal were Mizuho Securities, BNP Paribas, and Mitsubishi UF) Securities. What type of bonds are these? Who is the issuer of the bonds? Corporate bonds Municipal bonds Government bonds Mitsubishi UFJ Securities BNP Paribas Walmart

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