You buy a bond of Nike with your name on it. It sells for $400 and it

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You buy a bond of Nike with your name on it. It sells for $400 and it will pay you your $1,000 in ten years (registered for principal only).

What type of bond is this? What is an advantage and disadvantage of this type of bond?

Related Book For answer-question

Management Leading and Collaborating in a Competitive World

ISBN: 978-1259546945

12th edition

Authors: Thomas Bateman, Scott Snell

Posted Date: Aug 16, 2020 06:28 AM

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You buy a bond of Nike with your name on it. It sells for $400 and it

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Management Leading and Collaborating in a Competitive World

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