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Seattle Industries recently offered bonds for sale to the public. They offered an interest rate on the bonds of 5% to investors for the twenty-year
Seattle Industries recently offered bonds for sale to the public. They offered an interest rate on the bonds of 5% to investors for the twenty-year life of the bonds. Seattle must remember that:
A) bonds represent an ownership role in the company.
B) bond interest must be paid regularly.
C) bond interest is paid immediately after dividends.
D) bond principal must be paid on owner demand.
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