How do corporate bonds differ from corporate stocks?
a. Bonds represent the ownership of multinational corporations, while stocks represent the ownership of domestic or single-country corporations.
b. Stocks represent the ownership of multinational corporations, while bonds represent the ownership of domestic or single-country corporations.
c. Stocks are certificates that represent money loaned to corporations, while bonds are certificates that represent the shares of ownership in a corporation.
d. Bonds are certificates that represent money loaned to corporations, while stocks are certificates that represent the shares of ownership in a corporation.