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Saved Identify the following as either an advantage (A) or a disadvantage (D) of bond financing for a company, a. A business earns a lower
Saved Identify the following as either an advantage (A) or a disadvantage (D) of bond financing for a company, a. A business earns a lower return with the funds from the bond than it pays in interest. b. Requires payments of both periodic interest and par valud 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. t. An organization eams a lower return with borrowed funds than it pays in interest
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