From the businesss point of view, ordinary shares represent a less risky form of financing than borrowing.
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From the business’s point of view, ordinary shares represent a less risky form of financing than borrowing. Why is this?
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In the case of borrowing the obliga...View the full answer
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Related Book For
Accounting And Finance For Non Specialists
ISBN: 9781292334691
12th Edition
Authors: Peter Atrill, Eddie McLaney
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