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Explain why publicly held companies use debt in their capital structure. What are the advantages to a corporation of using long-term debt? What are the
- Explain why publicly held companies use debt in their capital structure.
- What are the advantages to a corporation of using long-term debt?
- What are the disadvantages?
- As a potential investor in a publicly held company:
- How would you evaluate the companys use of debt?
- At what level of debt would you become cautious about investing?
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