The advantages of obtaining long-term funds by issuing bonds,rather than issuing additional common stock,include which of the following?

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Issuing bonds allows a company to obtain long-term funds without surrendering ownership control, which would happen if the company issued additional common stock. Additionally, interest expense is tax-deductible for the company, providing a tax advantage. Bond issuances can also improve the company's creditworthiness, which decreases its default risk. Therefore, the advantages of issuing bonds over issuing additional common stock include both the ability to obtain funds without surrendering ownership control and the tax advantages of interest expenses being tax-deductible.

The Advantages of Obtaining Long-Term Funds by Issuing Bonds,rather Than