Final answer:
Debt financing requires a firm to make regular interest payments irrespective of profitability, and bondholders do not become owners of the company. Interest payments are not optional, and unsecured loans' terms depend on various factors, including the borrower's creditworthiness.
Step-by-step explanation:
The accurate statement about debt financing is that a firm that borrows money, whether by issuing bonds or taking out loans, commits to scheduled interest payments, regardless of its income level. This is a significant disadvantage of debt compared to equity financing, where dividends are not mandatory. Moreover, unlike bondholders, shareholders become stakeholders in the company, with ownership rights and a say in company affairs through the board of directors.
Bondholders, on the other hand, do not become owners; they are creditors to the company. Interest payments on debt are also not optional if the company is profitable; they must be paid as per schedule. Unsecured loans are typically riskier for lenders, and their availability and terms often depend on the borrower's creditworthiness, not necessarily restricted to new companies or relating uniquely to short-term debts.