Ask Question
8 September, 14:11

This is a formal contract to repay borrowed money with interest at fixed intervals.

a. bond

c. stock

b. merger

d. multinational

+3
Answers (1)
  1. 8 September, 17:20
    0
    A bond is a formal contract to repay borrowed money with interest at fixed interval. Thus, bond is also the same as loan in which you borrow money and then repay it with certain interests. Lender is the on one who credit you money, Issuer is the debtor and coupon is the interest.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “This is a formal contract to repay borrowed money with interest at fixed intervals. a. bond c. stock b. merger d. multinational ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers