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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 942 |
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Bonds have a specified maturity date in which the corporation will pay back to the bondholder the value of the bond. Maturity dates could range from short, medium, and long-term, depending whether they mature within one year or more than ten years from the date of issuance (Wikipedia, n.d.). Bonds are transferable; therefore, they can be sold before they mature...
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Bonds are transferable; therefore, they can be sold before they mature. Interest rate on bonds is usually lower than rates for some other types of borrowing and interest paid on bonds is considered a tax-deductible business expense; hence, they are a good business solution to raise capital (Conte, C...
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