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If the Benefit of a Lower Rate from Short-Term Debt

question 95

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If the benefit of a lower rate from short-term debt is offset by the risk that the firm will have to refinance at a higher rate,why would a firm choose an aggressive financing policy?

Recognize the significance of a common goal or purpose for organizational focus and unity.
Understand the importance of true communication, learning, and management practices that foster organizational trust and performance.
Acknowledge the multifaceted nature of organizational socialization and its stages.
Understand the formation processes of various sedimentary rocks.

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