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Which of the following describes a difference between stocks and bonds? Stocks can be resold on a secondary market, while bonds cannot. Stockholders generally have
Which of the following describes a difference between stocks and bonds?
Stocks can be resold on a secondary market, while bonds cannot. | |
Stockholders generally have an equity stake in the business while bondholders have a creditor stake. | |
Bonds always have a defined term while stocks may be outstanding indefinitely. | |
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