Describe the key features of a term loan

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Reference no: EM131279050

1. What is the difference between short-term debt and long-term debt

2. Describe the key features of a term loan.

3. Describe the primary features of the following long-term debt securities:
a. Corporate bond

b. First mortgage bond; junior mortgage

c. Debenture; subordinated debenture.

Reference no: EM131279050

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