Daniel Carraher Bonds - Premium or Discount Bonds are a form of interest-bearing notes payable; obtaining large amounts of long-term capital (long term capital movements include FDI and movements of financial capital with maturity of more than one year, this includes equities) (Long term Capital, 2014). Upper management usually has to decide whether to issue common stock, equity financing or bonds (Accounting Coach, 2013). Issuing bonds is so they don’t…
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