define and explain the following financial instrument Bond
Answers
Answered by
3
Answer:
financial instrument is a monetary contract between parties. A financial instrument may be evidence of ownership of part of something, as in stocks and shares. ... Bonds, which are contractual rights to receive cash, are financial instruments
Answered by
1
Answer:
A financial instrument is a monetary contract between parties. A financial instrument may be evidence of ownership of part of something, as in stocks and shares. ... Bonds, which are contractual rights to receive cash, are financial instruments.
Explanation:
Hope it will helps you
Similar questions