Question: Bonds are: (Select the best answer below.) O A. short-term debt securities issued by state and local governments. B. long-term hybrid securities issued by the

Bonds are: (Select the best answer below.) O A. short-term debt securities issued by state and local governments. B. long-term hybrid securities issued by the federal and state governments. O c. equity securities issued by corporations with preferred stock offerings. OD. long-term debt securities issued by government agencies or corporations

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