Business, 26.02.2020 01:53 JEThompson6416

Suppose NanoSpeck, a biotechnology firm, is selling bonds to raise money for a new lab—a practice known as (equity or debt?).

Buying a bond issued by NanoSpeck would give Clancy(a claim to partial ownership in, or an IOU promise to pay?)in the firm.

In the event that NanoSpeck runs into financial difficulty, (clancy and the other bondholders, or the stockholers) will be paid first.

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Suppose NanoSpeck, a biotechnology firm, is selling bonds to raise money for a new lab—a practice kn...