Who is the lender and who is the borrower


Problem

We have talked about the numbers around debt - the tools of debt. Please read the following story from WSJ and analyze based on who in the Financial world will be impacted, in what ways - who will win and who will lose, and why is this important. Please relate the issues back to the market and Time value of Money topics.

And remember, ANNUITIES ARE A FORM OF DEBT - who is the lender and who is the borrower? And Why?

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Corporate Finance: Who is the lender and who is the borrower
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