What is the difference between a bond and a stock.

A) Bonds represent ownership in a company, while stocks represent a loan to a company
B) Bonds represent a loan to a company, while stocks represent ownership in a company
C) Bonds have a fixed interest rate, while stocks have a variable interest rate
D) Bonds have a variable interest rate, while stocks have a fixed interest rate
Answer: B) Bonds represent a loan to a company, while stocks represent ownership in a company

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