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Product details
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Abstract

This note focuses on sustainable debt servicing, its preferred relation with cash flow, rather than leverage, and its role in balancing the company’s financial policies: financing, investing and dividend payment. Reinvestment needs and real business cycles must be accounted for in sustainable debt design.

About

Abstract

This note focuses on sustainable debt servicing, its preferred relation with cash flow, rather than leverage, and its role in balancing the company’s financial policies: financing, investing and dividend payment. Reinvestment needs and real business cycles must be accounted for in sustainable debt design.

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