Question
Bonds are a liability (debt) for a company, stock is equity and therefore, a form of capital. Using the information and terminology in this module
Bonds are a liability (debt) for a company, stock is equity and therefore, a form of capital. Using the information and terminology in this module and research you complete on your own, determine the pros and cons for a company for issuing bonds and stocks. Assess the following components:
- Advantages
- Disadvantages
- Potential for Earnings
- Risk
- Access to funds
- Tax implications
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Public Finance In Canada
Authors: Harvey S. Rosen, Ted Gayer, Jean-Francois Wen, Tracy Snoddon
5th Canadian Edition
1259030776, 978-1259030772
