which of the following correctly describes why a business might consider using a corporate bond instead of a…

which of the following correctly describes why a business might consider using a corporate bond instead of a long - term loan? the bond creation process requires fewer people. the repayment period is longer. the bond creation process is quicker. the administration fees are lower.

which of the following correctly describes why a business might consider using a corporate bond instead of a long - term loan? the bond creation process requires fewer people. the repayment period is longer. the bond creation process is quicker. the administration fees are lower.

Answer

Brief Explanations:

Corporate bonds often have lower administration fees compared to long - term loans. The bond creation process usually involves more people and is more complex and time - consuming than a long - term loan. Repayment periods can vary for both and are not a defining differentiator in favor of bonds.

Answer:

The administration fees are lower.