The discussion PromptSam Masasi, president of Masasi Corporation, is considering the issuance of bonds to finance an expansion of his business.He has asked you to (1) Discuss the advantages of bonds over common stock financing, (2) indicate the type of bonds he might issue, and (3) explain the issuing procedures used in bond transactions.Instructions: Write a response to the president, answering his request.Note that you are expected to participate in them on time and in the framework prescribed by the instructor, and participate in them with thoughtfulness. Those assignments will be graded based on the criteria set forth below. There is no grace period for discussions and only discussions that occur within the given period will be graded.
