Why might a company choose to finance permanent working capital with short-term debt?

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Corporate Finance

ISBN: 978-0134083278

4th edition

Authors: Jonathan Berk, Peter DeMarzo

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Question Posted: Nov 24, 2016 08:14 AM

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Why might a company choose to finance permanent working capital with short-term debt?

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Financing permanent working capital with shortterm debt is an aggressive financing policy and is con...View the full answer

Corporate Finance

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