ACCOUNTING 305 research companies like Philip Morris International, Medtronic Inc.
January 12th, 2018
Long-Term Liabilities” Please respond to the following:research companies like Philip Morris International, Medtronic Inc., Plains All American Pipeline LP, and Simon Properties Group that all sold 30-year bonds in 2012 in an effort to extend their debt, lock in low interest rates, and take advantage of investor demand. Then, determine the principal advantages and disadvantage of issuing 30-year bonds over 5-year bonds for the companies you researched. Provide support for your response.PLEASE KEEP WITHIN 100-150 WORDS IF POSSIBLE