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Business, 13.02.2020 19:57 jay1041

A small startup firm has each of the partners contribute $50,000 in capital to help the company make payroll for the next three months. W2 Corp. needs capital to finance a new product line. It borrows money in the form of long-term bonds underwritten by an investment bank. Citibank issues a loan to Jennifer for the expansion of her flower delivery business. Steve’s grandfather loans him $30,000 to start a small coffee shop in the East Village in Manhattan.

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