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Why is a financial structure of a mix of equity and debt finance being preferred in financing businesses? Explain the difference between debt and equity

  1. Why is a financial structure of a mix of equity and debt finance being preferred in financing businesses?
  2. Explain the difference between debt and equity and explain how the bonds market operates.
  3. Explain why people demand for money and how demand for money would have been influenced by Covid-19 epidemic?

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