Pros and Cons of Having Bond As Source of Financing

 

Pros and Cons of Having Bond as Source of Financing According to Investopedia (2015), a ond is a det invest!ent in "#ic# an investor  $oans !one% to an entit% (t%pica$$% corporate or govern!enta$) "#ic# orro"s t#e funds for a defined period of ti!e at a varia$e or fi&ed interest rate' Bonds are used % co!panies, !unicipa$ities, states, and sovereign govern!ents to raise !one% and finance a variet% of   proects and activities' "ners of onds are det#o$der or creditors of t#e issuer'