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Which of the following describes a bond? A.) A process for taking on a loan and agreeing to pay back the borrowed funds B.) A
Which of the following describes a bond?
- A.)
A process for taking on a loan and agreeing to pay back the borrowed funds
- B.)
A group that represents the owners of a bond
- C.)
An instrument that pays the buyer a set amount plus interest at the end of a defined term
- D.)
A specific period when the payout will occur for a bond
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