Question: please answer correctly will upvote U Question 1 10 pts . A corporation in need of debt financing was facing the following alternatives: Option 1,
please answer correctly will upvote
U Question 1 10 pts . A corporation in need of debt financing was facing the following alternatives: Option 1, taking on a bank loan at an interest rate of 4%, Option 2, selling a corporate bond at a 3% interest rate. Explain why the interest cost in Option 1 tends to be greater than Option 2. Edit View Insert Format Tools Table 12pt : Paragraph IU Avv 1 O words
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