Which of the following statements about corporate bonds is NOT true?
A)They are typically issued at or near face value.
B)The maturity date my range from one to thirty years or beyond.
C)They generally are not tax deductible for the issuing corporation.
D)They are a relatively inexpensive source for obtaining capital.

Question

Quizplus · Accepted Answer

Interest payments on corporate bonds are generally tax-deductible for the issuing corporation, making this statement incorrect.

Which of the Following Statements About Corporate Bonds Is NOT