Which of the following is NOT an advantage of private debt over public debt? A) It is liquid.

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter7: Losses—deductions And Limitations
Section: Chapter Questions
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Which of the following is NOT an advantage of private debt over public debt?

  1. A) It is liquid.
  2. B) It need not be registered with the U.S. Securities and Exchange Commission.
  3. C) It has to have interest and principal payments made upon it.
  4. D) It does not dilute the ownership of a firm.
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