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Question #1: Describe, in general terms, some advantages and disadvantages of accelerating payments on an installment loan. Question #2: What is financial leverage and what

Question #1: Describe, in general terms, some advantages and disadvantages of accelerating payments on an installment loan.

Question #2: What is financial leverage and what is its principal advantage?

Question #3: Why might an investor purchase corporate bonds, rather than stock?

Question #4: Why might an investor purchase preferred stock instead of common?

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