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Basic Question 0 of 11
In general, for a start-up company, debt financing is: A. attractive to its lenders.
B. appealing to the company.
C. neither A nor B is correct.
User Contributed Comments 2
| User | Comment |
|---|---|
| aishaoh | what? i thought debt financing is cheaper than equity??? |
| breh | @aishaoh: not always. for such companies there's no positive income and debt financing could be very expensive. |
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Martin Rockenfeldt
Learning Outcome Statements
explain the swap rate curve and why and how market participants use it in valuation;
calculate and interpret the swap spread for a given maturity;
describe short-term interest rate spreads used to gauge economy-wide credit risk and liquidity risk;
CFA® 2025 Level II Curriculum, Volume 4, Module 26.