1. Compare the relative costs of using long-term equity financing and those of using long-term debt financing. Hint: What is the "cost" associated with debt financing? Are you only obligated to pay back the borrowed amount? What does a company "give up" when they use equity financing?
2. Investments can provide income, growth, and liquidity. Which factor is more important to you? Why?
2. Investments can provide income, growth, and liquidity. Which factor is more important to you? Why?
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