If a company's primary concern is the conservation of cash, would borrowing by the issuance of bonds or executing a standard bank installment loan be preferable? Explain your response by considering the timing of principal and interest payments of each type of borrowing (i.e. when is the principal repaid and how is interest impacted when the principal is being paid through installments).

Answer rating: 100% (QA)

Borrowing by the issuance of bonds or executing a standard ban... View the full answer