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The management of Edinborough Exports Inc. (EEI) is acquiring International Imports Inc. and will issue these high-risk bonds to finance the deal. Because the issuance
The management of Edinborough Exports Inc. (EEI) is acquiring International Imports Inc. and will issue these high-risk bonds to finance the deal. Because the issuance of this additional debt will increase EEIs default risk, the new bonds will carry a higher interest rate.
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