Question: What is the primary difference between a 5 , 0 0 0 bond and a 5 , 0 0 0 loan? Group of answer choices
What is the primary difference between a bond and a loan?
Group of answer choices
There is no difference, the amount of money changing hands is the same either way.
With a loan the borrower receives now and with a bond they pay back when the final payment is due.
With a loan there are payment made at regular intervals, but with a bond only one payment is made at the end.
With a bond there are regular coupon payments, but with a loan there is only one payment made.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
