12. Use of excess cash [LO 19.3] One option usually available to a firm with excess cash...

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12. Use of excess cash [LO 19.3] One option usually available to a firm with excess cash is to reduce the firm’s outstanding debt. What are the advantages and disadvantages of this use of excess cash?

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Fundamentals Of Corporate Finance

ISBN: 9781743768051

8th Edition

Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan

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