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Jerry Hogan, president of Norwest, Inc., is considering the issuance of bonds to finance an...

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Question

Accounting

Jerry Hogan, president of Norwest, Inc., is considering the issuance of bonds to finance an expansion of his business. He has asked you to (1) discuss the advantages of bonds over common stock financing, (2) indicate the types of bonds he might issue, and (3) explain the issuing procedures used in bond transactions.

Instructions

Choose two of Jerry's questions above to answer in a discussion post.

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