Question
businesses can use either debt or equity capital to raise money. The cost of debt is usually lower than the cost of equity given debt
businesses can use either debt or equity capital to raise money. The cost of debt is usually lower than the cost of equity given debt has recourse. Can you elaborate on this?
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
14th Edition
0135175216, 978-0135175217
