Explain In Detail The Purpose Of Bonds And How They Work Also Should A Company H

Explain in detail the purpose of bonds and how they work. Also, should a company have more debt or more equity in its capital structure? Explain your reasoning.

Explain in detail the purpose of bonds and how they work. Also, should a company havemore debt or more equity in its capital structure? Explain your reasoning.Solution:A bond when issued carries…

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