Question: Bonds are: Select one: a. a type of equity financing. b. a short-term financial arrangement with periodic interest payments. c. a debt instrument issued at

Bonds are:

Select one:

a. a type of equity financing.

b. a short-term financial arrangement with periodic interest payments.

c. a debt instrument issued at discount with interest and principal repaid at maturity.

d. long-term debt instruments.

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