Assignment:
Q1. Why would a lender offer unsecured loans when it could demand collateral?
Q2. How can a small-business owner or corporate manager use financial leverage to improve the firm’s profits and return on owners’ equity?
Q3. In what circumstances might a large corporation sell stock rather than bonds to obtain long-term financing? In what circumstances would it sell bonds rather than stock?
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.