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What is the most likely source of the following quote: American medical training is attached at the end of a very long and expensive education that keeps the supply of physicians low and their incomes and social backgrounds very high. This formal education appears to have little real practical relevance; most actual training is done on the job in the most informal circumstances, through the few years of internship and residency.
Market Interest Rate
The rate investors demand for loaning funds to the corporation.
Interest-Bearing Notes
Interest-bearing notes are debt securities issued by entities that accrue interest over time, payable to the holder at maturity or periodically before then.
Bonds
Debt securities issued by corporations or governments to raise funds, promising to repay the borrowed amount plus interest to bondholders.
Convertible Bonds
Bonds that permit bondholders to convert them into common stock at the bondholders’ option.
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