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Identify the following as either an advantage (A) or a disadvantage (D) of bond financing for a company. a. A company earns a higher return

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Identify the following as either an advantage (A) or a disadvantage (D) of bond financing for a company. a. A company earns a higher return with borrowed funds than it pays in interest. b. Requires payments of both periodic interest and par value at maturity. c. Unlike distributions to owners, bond interest payments are tax deductible. d. Large payments of par value are made at maturity. e. Bonds have no ownership rights. f. An organization earns a lower return with borrowed funds than it pays in interest

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