BondsThe Basics |
Is a bond like an IOU? |
Yes. A bond is an IOU, with the added advantage that you receive interest on the IOU, as well as the original amount you loaned.
BondsThe Basics |
Is a bond like an IOU? |
Yes. A bond is an IOU, with the added advantage that you receive interest on the IOU, as well as the original amount you loaned.
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