How does a firm's use of short-term debt, as opposed to long-term debt, subject the firm to

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How does a firm's use of short-term debt, as opposed to long-term debt, subject the firm to a greater risk of illiquidity?

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Financial Management Principles and Applications

ISBN: 978-0134417219

13th edition

Authors: Sheridan Titman, Arthur J. Keown, John H. Martin

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Question Posted: Apr 24, 2017 10:34 AM

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How does a firm's use of short-term debt, as opposed to long-term debt, subject the firm to

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To conclude we can say that Shortterm debt must ...View the full answer

Financial Management Principles and Applications

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