Which of the following is an advantage of issuing debt rather than equity? (Points : 5)
a) the bonds are classified as a long-term liability
b) interest must be paid even if the firm ...
... suffers a loss
c) the face amount must be repaid at maturity
d) interest is deductible for income tax purposes
This question has not been answered. Can you answer it? Please add your answer below ...
(See complete conversation and new answers below)
There are no new answers.