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Which of the following is not an advantage of issuing bonds

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Reference no: EM13571570

Which of the following is not an advantage of issuing bonds when compared to issuing additional shares of stock in order to obtain additional capital ?

a. Stockholders maintain proportionate ownership percentages.

b. Interest expense reduces taxable income.

c. Timing flexibility associated with the payment of interest.

d. All of the above are advantages associated with bonds.

Reference no: EM13571570

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