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Topic: Western Entertainment is considering issuing bonds to finance its business expansion. The company contacts you, a business consultant charging $200 an hour, to answer

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Topic: Western Entertainment is considering issuing bonds to finance its business expansion. The company contacts you, a business consultant charging $200 an hour, to answer the following questions: 1. What are the advantages of issuing bonds over borrowing funds from a bank? 2. What are the advantages of issuing bonds over issuing common stock? 3. How is a bond price determined? What is a yield curve? Why is an inverted yield curve is generally an undesirable phenomenon

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