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The president of a plastics company was quoted in a business journal as stating, We haven't had a dollar of interest paying debt in over

The president of a plastics company was quoted in a business journal as stating, "We haven't had a dollar of interest paying debt in over 10 years.Not many companies can say that."As a stockholder in this company, how would you feel about its policy of not taking on debt?Compare and contrast the pros and cons of not taking on debt.

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