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upton upton
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7 years ago
One reason a corporation might issue bonds rather than selling stock is that:
A) interest rates are high.
B) bond interest is a tax-deductible expense.
C) bondholders have claims at liquidation.
D) dividends will lower the amount of tax due.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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AugustisAugustis
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7 years ago
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upton Author
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