Which of the following regarding term loans and corporate bonds is true? Both term loans and corporate bond offerings must be registered with the Securities and Exchange Commission (SEC). A term loan may provide for only one maturity value (or balloon) payment by the borrower with no intermediate-year payments; all corporate bonds make intermediate-year payments in the form of coupon interest) prior to maturity. Term loan agreements may subject the firm's management to debt covenants; corporate bond indentures do not. Term loans may be subject to compensating balance requirements; corporate bonds are not. It is not possible for a term loan lender to get an equity position with the borrowing firm, but a corporate bond may have a conversion feature that allows the bond investor to do just that DES 2 489 22 am W C