Which of the following security issues might have the lowest direct costs?

Question

Quizplus · Accepted Answer

Bonds typically have the lowest direct costs in terms of security issues. This is because bonds do not require as much legal work or marketing expenses as other types of securities, such as IPOs or seasoned equity offerings. Additionally, bonds do not give investors ownership rights, meaning that there are fewer disclosure requirements and less need to comply with regulations.

Which of the Following Security Issues Might Have the Lowest