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stranahan stranahan
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5 years ago
Bonds are different from stocks because ________.
A) bonds do not have maturity dates
B) bonds promise growth in earnings
C) bonds promise fixed payments for the length of their maturity
D) bonds give payments only after other owners are paid
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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Decrepit_Decrepit_
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5 years ago
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C -- Bonds give payments before equity owners are paid. Bonds mature while stock have no maturity date. Bond payments are fixed by the coupon payment and do not promise growth in payments
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#2
5 years ago
Thank you very much for this. It's really helpful.
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