Which of the Following Are Generally Considered Advantages of Term

question 27

Multiple Choice

Which of the following are generally considered advantages of term loans over publicly issued bonds?

• A) Lower flotation costs.
• B) Speed,or how long it takes to bring the issue to market.
• C) Flexibility,or the ability to adjust the bond's terms after it has been issued.
• D) All of the above.
• E) Only answers b and c above.

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Definitions:

Income Distribution

The way in which the total income of an economy is distributed among its population.

Rich

Having a great deal of wealth, assets, or resources; affluent.

Poor

Individuals or communities that lack financial resources and essentials for a minimum standard of living.

Poverty Threshold

The minimum level of income deemed adequate in a particular country to maintain a standard of living.