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MK Bicycles (MK) has an opportunity to expand its business by purchasing one of its competitors. In order to do this, MK will need to

MK Bicycles (MK) has an opportunity to expand its business by purchasing one of its competitors. In order to do this, MK will need to take out a loan. In trying to decide between an attractive short-term loan and a long-term financing arrangement, which one of the following types of financial risk must MK consider?

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