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I'm a big believer in visualizing success. I was a late bloomer, but Mom always told me to picture myself as the largest land mammal in North America. Now who's the size of a small pickup truck? This buffalo.

Bonds Part Deux – Should Sauce Borrow with Bonds?

Dashboard > Chapter 4: Raising Debt - Securities > Bonds Part Deux – Should Sauce Borrow with Bonds?

Bonds Part Deux – Should Sauce Borrow with Bonds?

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    Quizlet

    Should Sauce Borrow with Bonds?

    OK, come back to The Sauce Company with this background and let's talk turkey. That is: how much will The Sauce Company have to pay to borrow whatever money it wants? Banker Whiteshoe takes the lead here and explains that the basic idea is that the riskier the debt, the more expensive it should be (duh). So if The Sauce Company wanted to borrow $1,000,000, given its wonderful operating performance thus far, it is likely that amount would be priced at only a...

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