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Answer ALL questions please. 1. Why would one company acquire the debt of an affiliated company? What circumstances would need to exist, economically and otherwise,
Answer ALL questions please.
1. Why would one company acquire the debt of an affiliated company? What circumstances would need to exist, economically and otherwise, to make this a sound business decision?
2. Discuss the motivations a company has to acquire the debt of one of its affiliates. Does the motivation differ in the situation in which the consolidated entity would report a loss on the constructive retirement instead of a gain?
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