6. Merger motives (S32.2S32.3) Respond to the following comments. a. Our cost of debt is too darn...
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6. Merger motives (S32.2–S32.3) Respond to the following comments.
a. “Our cost of debt is too darn high, but our banks won’t reduce interest rates as long as we’re stuck in this volatile widget-trading business. We’ve got to acquire other companies with safer income streams.”
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Principles Of Corporate Finance
ISBN: 9781264080946
14th Edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans
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