Which of the following is long-term debt issued by a corporation or government entity in exchange for funds?

Question

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A bond is a long-term debt instrument that allows corporations or government entities to raise funds. It is issued to investors who receive periodic interest payments and the principal amount upon maturity. Revolving credit instruments are short-term loans, promissory notes are also debt instruments but are typically used for shorter-term borrowings, and stock certificates represent equity ownership in a company.

Which of the Following Is Long-Term Debt Issued by a Corporation