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From the standpoint of the issuing company, a disadvatage of using bonds as a means of long term financing is that: a. interest must be
From the standpoint of the issuing company, a disadvatage of using bonds as a means of long term financing is that: a. interest must be paid on a periodic basis regardless of earnings b. income to stockholders may increase as a result of trading on the equity c. the bondholders do not have voting rights . d. bond interest is deductible for tax purposes
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