A line of credit does not have to be repaid as long as the business pays its monthly interest.
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Q4: A portion of monthly payments on a
Q5: Bonds generally have shorter terms and are
Q6: Preferred stock dividends are determined by the
Q7: A business can draw any amount from
Q8: Loan interest rates are often based on
Q10: Unlike a line of credit, the interest
Q11: An advantage of selling stock is that
Q12: Creditors may be unwilling to lend money
Q13: A corporation usually sells its bonds to
Q14: The face value of a bond is
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