FOR BRAINLIST !
A school system wants to build a new high school and proposes to use bonds to pay for it. What is the difference between bonds and grants?
Bonds must be paid back and grants are not.
Bonds can be renewed and grants cannot.
Bonds can only be given to private companies and grants cannot.
Bonds must be used for public buildings and grants cannot
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Explanation:
Bonds Definition: Bonds are debt obligations issued by entities, such as corporations or governments. ... Bond funds definition: Bond funds are mutual funds or exchange-trade funds (ETFs) that invest in a portfolio bonds.
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