Explain issuing procedures used in bond transactions

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Reference no: EM13136835

Adam Merritt, president of Good to Go, is considering the issuance of bonds to finance an expansion of his business. He has asked you to do the following: (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:
Write a memorandum to the president, answering his request.

Reference no: EM13136835

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