Two major sources of financing for a corpoaration are: 1) selling stock and 2 ) issuing long-term debt such as bonds. Raising capital through bond financing has its advantages and disadvantages. Below are 3 statements regarding bond financing: I. An advantage of bond financing is that it does not impact the ownership percentage of a corporation II. An advantage of bond financing is that interest expense on bonds is tax deductible III. A disadvantage of bond financing is that interest payments to bondholders are not optional Which of the following statements are true? Multiple Choice Only 1&11 Only II \& III Only 1&III All 3 statements are true