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In May 2017, Apple Inc. notified the Securities & Exchange Commission (SEC) that it would be issuing another $7 billion in bonds during 2017. Apple

In May 2017, Apple Inc. notified the Securities & Exchange Commission (SEC) that it would be issuing another $7 billion in bonds during 2017. Apple previously issued $10 billion in bonds in February 2017 in the US and $1 billion in Taiwan. Apple plans to buy back its own stock with the proceeds from the bond issue. Answer the following questions: What are the effects of this most recent bond issue on Apple's balance sheet? Will any other parties be affected by this most recent bond issue? If so, who will be affected and what are the potential effects? Besides issuing bonds, what other ways could Apple use to raise the funds needed to buy back its own stock?

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