What are the primary characteristics of a bond? For what purposes are bonds usually issued?

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Financial Accounting

ISBN: 978-0078111020

7th Edition

Authors: LibbyShort

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Question Posted: Dec 12, 2011 10:09 AM

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What are the primary characteristics of a bond? For what purposes are bonds usually issued?

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A bond is a liability that may or may not be secured by a mortgage on specified assets ...View the full answer

Financial Accounting

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