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Bonds

This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.

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May 13, 2018 at 12:30 am #451543
humai
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Sir is below definition of bonds correct?
Bonds are long term debt capital raised by a company in exchange for cash. Cash raised must be paid on redemption date.
May 13, 2018 at 7:41 am #451583
John Moffat
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Yes – but you should mention the fact that interest will be paid and that there could be a premium payable on redemption.
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