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Explain the terms- Stock and Share
Stock
Ownership of a company represented by shares that are a claim on the company's earnings and assets.
Share
Unit of equity ownership in a company or in a mutual fund. This ownership is presented by a share certificate, which names company and the shareholder.
Six years ago . the singleton company sold a 20 year bond with a 14% annual coupon rate and a 9% call premium. today, singleton called the bonds. the bonds originally were sold at
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