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1. Which type of bond is issued with a number of different maturity dates, with a portion of the principal scheduled to be repaid with each date?

a. Debenture Bond

b. Term Bond

c. Income Bond

d. Serial Bond

2. Issuing Debt instead of Equity will result in

a. A decrease in risk

b. A decrease in liabilities

c. A lower taxable income

d. A lower per share return on equity

Financial Management, Finance

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