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pixiedust7891 pixiedust7891
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A year ago
Floating-rate debt stabilizes the market value of the debt and provides institutional buyers with income that is better geared to their own obligations. However,floating-rate debt doesn’t appeal to corporations that want to issue long-term debt since the corporationshave to take more risk over the entire life of the loan. 


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Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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rainbow12rainbow12
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A year ago
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pixiedust7891 Author
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A year ago
Smart ... Thanks!
emilyas19
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
lolaww
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2 hours ago
Helped a lot
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