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1.What is the difference between a debt-laden marginal company and a firm with a temporary liquidity crunch? 2.Increasing investment based on excessive leverage can cause
1.What is the difference between a debt-laden marginal company and a firm with a temporary liquidity crunch?
2.Increasing investment based on excessive leverage can cause unbearable losses for investors when theres a price correction. What does this mean? Give a simple numerical example
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