Small manufacturers (for example)needing money for fixed assets with long repayment schedules have access to an attractive,relatively inexpensive source of funds called:
A)zero-coupon bonds.
B)industrial development bonds (IDBs).
C)corporate bonds.
D)Both A and C

Question

Quizplus · Accepted Answer

Industrial development bonds (IDBs) are issued by state and local governments to help finance capital expenditures of private companies, including small manufacturers. These bonds have long repayment schedules and often offer lower interest rates than other forms of financing. Zero-coupon bonds and corporate bonds may be options for financing, but they do not offer the same advantages and benefits as IDBs for small manufacturers needing funding for fixed assets.

Small Manufacturers (For Example)needing Money for Fixed Assets with Long