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Which of the following is not considered to be an appropriate form of finance fo...
Posted by:
Khawar
25-August-2013

A. Income bonds that require interest payments only when earnings permit.

B. Subordinated debt and rank behind convertible bonds.

C. Bonds secured by the full faith and credit of the issuing firm.

D. A form of lease financing similar to equipment trust certificates.

Accounting Auditing Cost Accounting CMA

Question added by Deleted user
Date Posted: 2015/04/13

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1 Answers

by Ameeja farvin , Assistant Pharmacy Executive , Life Healthcare Group

C. Bonds secured by the full faith and credit of the issuing firm.

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