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Name and define in short answers the various types of debt (advantages and disadvantages and whether...

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Finance

Name and define in short answers the various types of debt(advantages and disadvantages and whether they are short term orlong term)

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Bonds are longterm debt Advantages are cheap source of capital compared to equity and tax shield on interest payments Disadvantages are higher leverage and obligation of periodic interest payments Mortgage loan is longterm    See Answer
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Name and define in short answers the various types of debt(advantages and disadvantages and whether they are short term orlong term)

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