Question
You buy a bond of Nike with your name on it. It sells for $400 and it will pay you your $1,000 in ten years
You buy a bond of Nike with your name on it. It sells for $400 and it will pay you your $1,000 in ten years (registered for principal only).
What type of bond is this? What is an advantage and disadvantage of this type of bond?
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Management Leading and Collaborating in a Competitive World
Authors: Thomas Bateman, Scott Snell
12th edition
1259546942, 978-1259546945
