Which of the following is a difference between a note and a bond?
A) A note is a form of equity financing, whereas a bond is a form of debt financing.
B) A note is a form of debt financing, whereas a bond is a form of equity financing.
C) A note is a long-term loan, whereas a bond is a short-term loan.
D) A note is a short-term loan, whereas a bond is a long-term loan.
Correct Answer:
Verified
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