Question: What is your strategy for managing your initial $1M long-term debt? For example, will you pay it all back at one time, repay certain amounts

What is your strategy for managing your initial $1M long-term debt? For example, will you pay it all back at one time, repay certain amounts over a period of time or wait a few years to begin repayment? Explain your reason for considering this strategy.

If your firm needs additional funds (capital) as time moves forward, do you think it would be better to take-out another long-term loan or issue shares? Explain your response.

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