Which of the Following Is a Formal Pledge (An IOU)obligating

question 34

Multiple Choice

Which of the following is a formal pledge (an IOU) obligating the issuer to pay interest periodically and repay the principal at maturity (a preset future date) to the lender?

• A) Commercial bank loan
• B) Corporate bond
• C) Mutual fund
• D) Bond indenture
• E) Prospectus

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Definitions:

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Product Line

A group of related products marketed under a single brand by the same company.

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Measures or products designed to safeguard the skin from the harmful effects of the sun's UV rays.

Sunscreens

Products applied to the skin to protect against harmful effects of the sun's ultraviolet rays.