Contemporary Financial Management, Loose-leaf Version
Contemporary Financial Management, Loose-leaf Version
14th Edition
ISBN: 9781337090636
Author: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
Publisher: South-Western College Pub
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Chapter 16, Problem 5QTD
Summary Introduction

To discuss: The reason why the effective cost of long-period debt to surpass the cost of short period debt even while the short period rate of interest are more than long period rates.

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