Why are debt holderequity holder incentive problems less severe for firms that borrow short term rather than

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Why are debt holder–equity holder incentive problems less severe for firms that borrow short term rather than long term?

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Financial Markets And Corporate Strategy

ISBN: 9780077119027

1st Edition

Authors: David Hillier, Mark Grinblatt, Sheridan Titman

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Question Posted: Jul 15, 2024 10:13 AM

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Why are debt holderequity holder incentive problems less severe for firms that borrow short term rather than

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Financial Markets And Corporate Strategy

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