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For this discussion post describe the different reasons

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For this discussion post, describe the different reasons that the U.S. government, local governments, and corporations would issue bonds, and answer the following questions:

•One company has issued two bond classes. One issue is a mortgage bond and the other is a debenture. Which issue will have a higher bond rating and which issue will offer a higher yield? Why?

•If you were purchasing bonds, would you prefer debentures or mortgage bonds? Why?

Reference no: EM13613457

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