Dangers of using a high proportion of debt financing


Questions:

Part I: In the Regardless of Your Major feature box, we learned about the dangers of using a high proportion of debt financing faced by both General Motors (GM) and Lehman Brothers. How could the failure of these firms possibly matter to you personally or to any of your family members?

Part 2: How can the lessons you have learned in this course positively affect your career or personal success (now or in the future)?

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Finance Basics: Dangers of using a high proportion of debt financing
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