Describe the key features of a term loan


Assignment:

Q1. What is the difference between short-term debt and long-term debt

Q2. Describe the key features of a term loan.

Q3. Describe the primary features of the following long-term debt securities:

a. Corporate bond
b. First mortgage bond; junior mortgage
c. Debenture; subordinated debenture

Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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