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Assume you own a small company that is successful,so you plan to expand.To raise expansion capital,would you prefer to use debt(promissory notes,bonds,and debentures)or relyon equity
Assume you own a small company that is successful,so you plan to expand.To raise expansion capital,would you prefer to use debt(promissory notes,bonds,and debentures)or relyon equity interests byissuing additional shares of stock?What drives your decision between debt orequity instruments?
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