When completing a large debt issue, financial managers of large firms will usually consider the following question(s):

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Financial managers of large firms should consider all three questions before deciding on the best debt issue for the company. The decision on whether to borrow short-term or long-term depends on the company's cash flow and risk tolerance. The decision to issue fixed or floating-rate debt depends on the company's view of interest rate volatility. The decision to borrow in foreign currency depends on the company's view on exchange rate movements and the availability of foreign funding sources. Therefore, financial managers should evaluate all three questions to determine the best debt issue for the company.

When Completing a Large Debt Issue, Financial Managers of Large