Multiple Choice
Which one of the following statements is correct regarding bond and stock differences?
A) Stock is a form of debt financing.
B) Stock must be repaid at maturity.
C) Bonds are a form of debt financing.
D) Bonds do not have to be repaid at maturity.
E) Interest payments to bondholders are paid at the discretion of the board of directors.
Correct Answer:
Verified
Correct Answer:
Verified
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