The primary risk associated with long-term debt is the risk of not being able to make the debt payments.

Question

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Long-term debt typically involves a series of regular payments over an extended period of time. If a company is unable to make these payments, it risks defaulting on the debt, which can lead to severe financial consequences such as bankruptcy or the loss of assets. Therefore, the primary risk associated with long-term debt is the risk of not being able to make the required payments.

The Primary Risk Associated with Long-Term Debt Is the Risk