Describe the duty of bondholders in a bond
Describe the duty of bondholders in a bond?
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1. Bondholder is only a lender not an owner.
2. Because of certain factors usually Bonds are less risky.
a. Before stockholder dividends are intended bondholders can take interest payments.
b. Dividends depend on profits whereby interest is definite as long as company is vigorous.
Just need help to see if I am in the right direction if there any think wrong need help with it.
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