A benefit of issuing a corporate bond for the corporation is The initial capital raised does not
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A benefit of issuing a corporate bond for the corporation is The initial capital raised does not have to be repaid • Bonds issued by a corporation are an asset of the business The interest paid on the bonds is paid by common shareholders The bonds cannot trade in the secondary market The interest paid on the bonds is tax deductible
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Essentials of Accounting for Governmental and Not-for-Profit Organizations
ISBN: 978-0073527055
10th Edition
Authors: Paul A. Copley
Posted Date: