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As a source of capital, debt has higher costs than equity and a more immediate effect on income and expenses. Why is that?
As a source of capital, debt has higher costs than equity and a more immediate effect on income and expenses. Why is that?
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Debt typically has higher costs than equity and a more immediate effect on income and expenses due to several factors 1 Interest Payments Debt financi...
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
