Not-for-profit businesses can issue tax-exempt debt and pay a lower interest rate on debt financing than for-profit
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Not-for-profit businesses can issue tax-exempt debt and pay a lower interest rate on debt financing than for-profit businesses can.
Does this mean that debt financing generally is less costly for notfor-
profit businesses?
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Related Book For
Gapenski's Healthcare Finance An Introduction To Accounting And Financial Management
ISBN: 9781640551862
7th Edition
Authors: Kristin L. Reiter, Paula H. Song
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