Essentials of Corporate Finance
Essentials of Corporate Finance
8th Edition
ISBN: 9780078034756
Author: Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 17, Problem 11CTCR

Use of Excess Cash. Another option usually available for dealing with excess cash is to reduce the firm’s outstanding debt. What are the advantages and disadvantages of this use of excess cash?

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Essentials of Corporate Finance

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