Question: What is NOT a difference between a standard bond and a standard consumer loan? A single bond issue is likely to be sold to many
What is NOT a difference between a standard bond and a standard consumer loan? A single bond issue is likely to be sold to many lenders, whereas a consumer loan will likely only have a single lender Individual bonds can easily be bought and sold, whereas indvidual consumer loans are usually only sold in packages of many loans Only corporations or other large organizations can issue bonds, whereas consumers can only take out loans Bond principal is usually only paid at maturity, whereas principal is repaid over time on consumer loans None of the above
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