Question: What does a bond represent? Question 9 options: 1 ) a security that bundles separate loan agreements 2 ) ownership in a firm 3 )

What does a bond represent?
Question 9 options:
1)
a security that bundles separate loan agreements
2)
ownership in a firm
3)
a debt to be paid by the bond issuer
4)
a market in which securities are traded after their first sale
5)
a private firm that accepts deposits and extends loans

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