Bonds, compared to stocks, have which of the following characteristics? A. Certificate of ownership B. Less stability C. Maturity date D. No guarantee
hint: bonds are basically loans
one big difference is that the loan is split up amongst a bunch of bondholders (instead of one entity, such as a bank, taking on all the risk)
so what do you do with a loan, you ...
a @perl and @jim_thompson5910
when you loan money, you usually have to get it back. and there is a time involved here
If you have a bond from a company, say Microsoft, then you do NOT own a piece of Microsoft. If you want to own a piece of that company, you need to purchase a stock from them or someone who owns stock in that company.
so its maturity date @perl
yes
thanks @perl
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