Business, 12.02.2020 02:03 dyamondgeorge1oy4nex

Bonds are popular source of financing because: a. The bondholders can always convert their bonds into stock if they choose. b. Financial analysts tend to downgrade a company that has raised large amounts of cash by frequent issues of stock. c. A company having cash flow problems can postpone payment of interest to bondholders. d. Bond interest expense is deductible for tax purposes, while dividends paid on stock are not.

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Bonds are popular source of financing because: a. The bondholders can always convert their bonds int...