Question: This will cover bond financing . Often times when large amount of funds are needed for a project or expansion, companies and governments seek financing

This will cover bond financing. Often times when large amount of funds are needed for a project or expansion, companies and governments seek financing to help pursue these projects. Define what a bond is and discuss the advantages and disadvantages of bond financing, such as those covered in your chapter. Consider discussing why a company might choose to issue a bond instead of stock, a form of equity financing. Be sure to cite any sources used.

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