Discuss the benefits of having no long-term debt are there


1. Why do corporations want to increase net assets by buying low and selling high? Is it a good strategy?

2. Discuss the benefits of having no long-term debt? Are there any negatives?

3. Explain using cash flow diagrams how for any commodity it is equivalent to sign several futures contracts or one commodity swap.

4. Explain why a bank is subject to credit risk when it enters into two offsetting swap contracts.

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Financial Management: Discuss the benefits of having no long-term debt are there
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