When the external capital market is very relaxed eg


When the external capital market is very relaxed (e.g., optimistic investors, low interest rate, and many potential investors), would you recommend a start-up firm to use a lot of short-term debt instead of long-term debt? Why or why not? And would your advice change if the firm is a large-cap and matured company instead of a start-up?

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Financial Management: When the external capital market is very relaxed eg
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