(a) What are long-term liabilities? Give three examples. (b) What is a bond?
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6. (a) What are long-term liabilities? Give three examples. (b) What is a bond?
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- Which of the following best describes a bond? Short-term debt security Long-term debt security Short-term equity security Long-term equity security7. What is a call provision and why would a call provision be included in the terms of a bond?Which of the following items are basic elements that affect the value of bond? I. The required rate of return II . The interest payment III. The maturity period IV. The payback period A. I and II B. I and III C. I, II and III D. IV only