Topic: You are the CFO of a large, publicly-traded, multinational food company. This morning, in...
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Accounting
Topic: You are the CFO of a large, publicly-traded, multinational food company. This morning, in the elevator, the CEO mentioned that she was interested in raising some money in order to finance the potential acquisition of a competitor. You briefly suggested the possibility of issuing bonds.
The CEO said she didnt know much about bonds, and asked you to write a brief (100-200 word) memo summarizing bonds, the bond market, the pros and cons of issuing bonds, and your recommendation as to whether to issue bonds or borrow directly from a bank.
Directions: Please respond to each question in a brief memo.
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