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21 May, 04:30

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

a. bond

c. stock

b. merger

d. multinational

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  1. 21 May, 04:59
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    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.
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