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What are corporate bonds

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Answer: For Gradpoint users the answer is: "a bond issued by a corporation as a way to borrow money".

Step-by-step explanation: I just took the quiz in Gradpoint and got this question correct.

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User Thomas Clowes
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A corporate bond is a bond issued by a corporation in order to raise financing for a variety of reasons such as to ongoing operations, M&A, or to expand business. The term is usually applied to longer-term debt instruments, with maturity of at least one year.

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