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Longleaf Homes owns a chain of senior housing complexes in the Seattle, Washington area. This firm is debating whether it should borrow short or long

Longleaf Homes owns a chain of senior housing complexes in the Seattle, Washington area. This firm is debating whether it should borrow short or long term to raise $10 million in needed funds. The funds are to be used to expand the firms care facilities which are expected to last 20 years, What would The "Hedging Principle" suggest in this situation.

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