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As an entrepreneur, you have met with the external auditors and they have questioned the valuation of the long-term debt and what effect rising rates
As an entrepreneur, you have met with the external auditors and they have questioned the valuation of the long-term debt and what effect rising rates will have on this accounting category over the next year. What would you tell them? If you were an investor planning to invest in a well -run profitable company, would you pursue an equity purchase or long-term debt (lending)? Explain
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