What are the two best arguments favor debt reduction (i.e., the pros)?
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What are the two best arguments favor debt reduction (i.e., the pros)?
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- What are the two best arguments against debt reduction (i.e., the cons)?Thinking about the definition of the term "flotation costs," should we expect the flotation costs for debt to be significantly lower than those for equity? Why or why not? how can the answer be supported.What are the benefits of using debt security?
