Financial Markets And Institutions
Financial Markets And Institutions
7th Edition
ISBN: 9781259919718
Author: SAUNDERS, Anthony, CORNETT, Marcia Millon
Publisher: Mcgraw-hill Education,
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Chapter 6, Problem 6DYU
Summary Introduction

To discuss: The characteristics that differentiate corporate bonds.

Corporate bond are the financial instruments that are used by the corporates when they need to raise to fund for the development and expansion. The corporate bond is issue by a corporate to an investor and company will repay this investment along with interest rate over a specific period of time.

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