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Write a memo providing answers worthy of your billing rate

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Problem -

Western Entertainment is considering issuing bonds to finance its business expansion. The company contacts you, a business consultant charging $200 an hour, to answer the following questions.

What are the advantages of issuing bonds over borrowing funds from a bank?

What are the advantages of issuing bonds over issuing common stock?

How is a bond price determined?

Required: Write a memo providing answers worthy of your billing rate.

Reference no: EM131643378

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