The more debt the firm issues the higher the interest rate it must pay
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Yes the higher the debt companies takes higher will be the responsibility for timely and regular payments of agreed interest on the borrowed debt.
There is an agreed rate of interest the company must honour on the debts it borrowed regardless of whether the company is generating profits or losses
There is an agreed rate of interest the company must honour on the debts it borrowed regardless of whether the company is generating profits or losses
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