Interest rates on bank loans exceed rates on commercial paper. Why dont all firms issue commercial paper
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Interest rates on bank loans exceed rates on commercial paper. Why don’t all firms issue commercial paper rather than borrow from banks?
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It pays to eliminate the middleman ie the bank when t...View the full answer
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Related Book For
Principles of Corporate Finance
ISBN: 978-0072869460
7th edition
Authors: Richard A. Brealey, Stewart C. Myers
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