The Proceedings

The Proceedings

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In a perfect world, a company can borrow at its marginal rate a€” the cost of borrowing. Now that ... Now if it has a very good investment, if it thinks it has a tremendous investment, the company ought to borrow money and make that investment. ... Some companies do fund faster than others; others like that example I showed.

Title:The Proceedings
Author:Conference of Consulting Actuaries. Meeting
Publisher: - 1997


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