Analyze how long-term debt requires consideration of the collateral pledged, method of repayment, and other key factors. Explain how bond yields are important to bond analysis and are influenced by how bonds are rated by major bond rating agencies. Explain when a firm fails to meet its financial obligations, it may be subject to bankruptcy. Instructional Materials Mcgraw Hill Connect Instructions Complete the Chapter 16 discussion questions 1,2, 3, 4, 5, 7, 8, 11, and 15 in Word in Canvas.

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1 How does longterm debt require consideration of collateral pledged method of repayment and other key factors Longterm debt involves borrowing funds that need to be repaid over an extended period typ... View the full answer