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a) Discuss the advantages and disadvantages of issuing floating rate debt (from the borrowers standpoint). b) Should an analyst compare financial ratios between 2 firms

a) Discuss the advantages and disadvantages of issuing floating rate debt (from the borrowers standpoint).

b) Should an analyst compare financial ratios between 2 firms which operate in separate industries? Why or why not?

c) What interest rate should you use for a company rated BB?

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