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Which of these accurately describes a companys advantage of selling bonds (instead of issuing equity) to raise long-term capital? A. Bondholders have voting rights B.
Which of these accurately describes a companys advantage of selling bonds (instead of issuing equity) to raise long-term capital?
A. | Bondholders have voting rights | |
B. | Bond Interest Expense is a tax-deductible expense | |
C. | Principal must be repaid in full at maturity date | |
D. | Dividend payments are tax deductible |
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