Question
You buy bonds on the primary market. What have you done? A. Lent money to the issuer B. Paid the issuer for partial ownership of
You buy bonds on the primary market. What have you done?
A. Lent money to the issuer
B. Paid the issuer for partial ownership of the issuer
C. Paid a third party in order to become a holder of the issuer's debt
D. Paid a third party for partial ownership of the issuer
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Principles of Managerial Finance
Authors: Chad J. Zutter, Scott B. Smart
15th edition
013447631X, 134476315, 9780134478197 , 978-0134476315
