Which of the following is a long-term debt instrument that requires the issuer to repay the lender in regular interest payments until the loan is repaid on or before the specified maturity rate?
A) A bond
B) Trade credit
C) A Treasury bill
D) Commercial paper
E) A certificate of deposit
Correct Answer:
Verified
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A)current
B)floating
C)unsecured
D)fixed
E)junk
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