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borteleto borteleto
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6 years ago
Borrowing funds using short-term debt, such as commercial paper, and using the proceeds to invest in long-term investments, creates a refinancing risk that can force firms to sell assets at distressed prices if financing becomes unavailable.
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Marc18Marc18
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6 years ago
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borteleto Author
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#2
6 years ago
Happy Dummy I'm impressed
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