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Assume ABC corp is selling newly issued 10-year bonds to raise capital from invesors. ABC's bonds promise to pay fixed periodic interest and a stated
Assume ABC corp is selling newly issued 10-year bonds to raise capital from invesors. ABC's bonds promise to pay fixed periodic interest and a stated face value at maturity. This bond sale would ___________ .
A.
decrease ABC's equity
B.
increase ABC's debt
C.
decrease ABC's debt
D.
increase ABC's equity
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