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Explain what Robert Nozick say to Bill Gates concerning his accumulation of wealth. Apply his proponents to the situation.
Bonds
Financial instruments representing a loan made by an investor to a borrower, often corporate or governmental, that pays periodic interest and the principal at maturity.
Face Value
The amount the corporation must repay to the bondholder at the maturity date.
Interest
The cost of using money for a period of time.
Convertible Bonds
These are corporate bonds that holders can convert into a predetermined number of shares of the issuing company's stock, combining features of both debt and equity.
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