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Longer debt instrument issued by government and corporations is considered as
Answer & Solution
Correct Answer:
Option
D
Longer debt instrument issued by government and corporations is considered as bonds. A bond, also known as a fixed-income security, is a debt instrument created for the purpose of raising capital. They are essentially loan agreements between the bond issuer and an investor, in which the bond issuer is obligated to pay a specified amount of money at specified future dates.
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