Describe the primary features of the following long-term debt securities: • Term loan • Bond •… 1 answer below »

Describe the primary features of the following long-term debt securities:

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Describe the primary features of the following long-term debt securities: • Term loan • Bond •… 1 answer below »
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• Term loan

• Bond

• First mortgage bond

• Junior mortgage

• Debenture

• Subordinated debenture

• Municipal bond