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spam.burr spam.burr
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3 years ago
If a firm can borrow money at 0% interest, then

▸ the lender is irrational.

▸ its business investment is guaranteed to be profitable.

▸ present value and future value are equal.

▸ interest payments are deferred.
Textbook 
Managerial Economics and Strategy

Managerial Economics and Strategy


Edition: 3rd
Authors:
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mgfe]pew]amgfe]pew]a
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3 years ago
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This calls for a celebration Person Raising Both Hands in Celebration
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You make an excellent tutor!
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Brilliant
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