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Home Q & A Board Other Fields Homework Help Business Economics
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Tidy Tidy
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8 years ago
When an investor buys a corporate bond
A) the investor becomes part owner of the corporation.
B) the principal of the bond is a loan to the corporation.
C) the interest made on the bond represents the bondholder's limited liability in the company.
D) the face value of the bond is equal to what the investor paid for the bond.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Chimelo46Chimelo46
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8 years ago
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8 years ago
The textbook reference in your signature really helped me narrow it down.

Happy to help Wink Face
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