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It has been suggested that one disadvantage of common stock financing is that share prices tend to decline in recession, thereby increasing the cost of
It has been suggested that one disadvantage of common stock financing is that share prices tend to decline in recession, thereby increasing the cost of capital and deterring investment. Discuss this view. Is it an argument for greater use of debt financing?
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Airline Finance
Authors: Peter S. Morrell
4th Edition
1351959743, 978-1351959742
