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Question 13 A ____ is a debt instrument that enables the issuer (borrower) to raise capital by promising to repay the principal along with interest
Question 13
A ____ is a debt instrument that enables the issuer (borrower) to raise capital by promising to repay the principal along with interest on a specified date (maturity).
1.
stock
2.
forward contract
3.
fronting loan
4.
bond
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