Question: Question 5 (20 points) Listen Tom started his own business. It's relatively small and he's looking for financing. He's thinking about issuing bonds or obtaining

Question 5 (20 points) Listen Tom started his own business. It's

Question 5 (20 points) Listen Tom started his own business. It's relatively small and he's looking for financing. He's thinking about issuing bonds or obtaining a loan from the local bank. What should Tom do? Get a loan or issue bonds? Should small businesses issue bonds? Why? Why not

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