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Cindy Lou Who wants to set up alemonade stand which costs $50 to do

Cindy Lou Who wants to set up alemonade stand, which costs $50 to do. She only has $30 in savings, so she asks her parents for help in financing her venture. If she borrows $20 from her parents and offers to pay them $25 in one year, this is the same as:

A. Issuing a bond with a 25% interest rate

B. Issuing a stock worth 50% of the business

C. Issuing a stock worth 40% of the business

D. Issuing a bond with a 20% interest rate

May 23 2018 View more View Less

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