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Communities issue bonds to build roads, schools, and public works.
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∙ 7y ago
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Which best explains the purpose of issuing a bond?
Not to manage an economy, to help stabilize a currency, or to help consumers purchase services, but to raise money.
What was the purpose the bond of 1844?
purpose of the 1844 bond
What is convertable bond?
In finance, a convertible bond is a type of bond that can be converted into shares of stock in the issuing company, usually at some pre-announced ratio.
How do you get a bond for the treasurer of your organization?
The treasurer of your organization can obtain a bond by contacting a bonding agency. The agency will pull a background and credit check on the treasurer before issuing a bond.
What is a principal of a bond?
The principal of a bond is the amount of a bond that interest rates are paid on by the person issuing it. I like to think of it as the initial amount the bond is worth. Example: Hudson Corporation issued a $10,000 bond at 14% interest. The $10,000 is the principal of the bond.
Who can issue a municipal bond?
A municipal bond can be issued by the local government or the bonds' agencies. Specifically, the bond's issuing can be including states, cities, counties and a lot of other government entities.
Effect of bond issue on balance sheet?
Issuing a bond adds a liability (bond to be paid) and cash as an asset. So, overall the company's b/s increases on both sides.
What is the purpose of the company issuing stocks?
To raise money that can be used to grow the company.
Do corporate bonds provide investors the option of reselling the bond back to the issuing corporation at any time during the life of the bond?
Not immediate.Only after the minimum Lockin period.
Bond in a sentence?
I look forward, if selected, to strengthen this bond of common purpose.
What is a convertible bond?
In finance, a convertible bond is a type of bond that can be converted into shares of stock in the issuing company, usually at some pre-announced ratio.
What is the porpose of a company issuing stock?
Main purpose for issuing more stock is to get more cash to run the business and to invest in good opportunities or to fulfil the working capital requirements.
