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4. The global credit market in aggregate is about 3 times the size of the global equity market. Several companies in the glob significantly rely

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4. The global credit market in aggregate is about 3 times the size of the global equity market. Several companies in the glob significantly rely on bond financing Required? A. Why do you think bond financing is widely used source of finance compared to equity? 4 points B. Who are the participants in the bond market? 2 points c. Why companies issue bonds? 2 points

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