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Q #1 What is the main difference between a bond and a share of stock? What is the advantage of issuing bonds instead of obtaining

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What is the main difference between a bond and a share of stock? What is the advantage of issuing bonds instead of obtaining financing from the company's owners?

Q #2

What are dividends and does a corporation have to pay them? What is a stock dividend and how does declaring one affect the corporation's assets, liabilities, and total equity? What is treasury stock and why do laws place limits on treasury stock purchases?

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