UNDERSTANDING BUSINESS
UNDERSTANDING BUSINESS
12th Edition
ISBN: 9781264161881
Author: Nickels
Publisher: MCG
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Chapter 18.5, Problem 18.5AQ
Summary Introduction

To discuss: The organization which issues bonds in the community and its purpose.

Introduction: Bonds refer to a debt instrument which is issued for specific period of time at fixed rate of interest with the purpose of increasing capital by borrowing.

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