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Describe the different reasons that the U
Describe the different reasons that the U.S. government, local governments, and corporations might issue bonds.
Expert Solution
Corporations issue corporate bonds all to raise capital, soliciting funds due to financial challenges and eradicating tax arrears.
Government issues bonds in terms of treasury securities to finance their expenditures or to pay up their national debts.
Local governments issue municipal bonds primarily finance various projects.
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