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15:43 "When you have lots of cash sitting around without use, you tend to do stupid things." That is what we are currently seeing in the markets.
Can the fixed vs floating rate decision also be based on the current state of the economy? What would be an argument against using fixed rate debt when long-term interest rates have been historically low to lock in a low cost of debt?
fantastic video
Sir how to incorporate this different characteristics of debt in the cost of debt
Great explanation
15:43 "When you have lots of cash sitting around without use, you tend to do stupid things." That is what we are currently seeing in the markets.
Can the fixed vs floating rate decision also be based on the current state of the economy? What would be an argument against using fixed rate debt when long-term interest rates have been historically low to lock in a low cost of debt?
fantastic video
Sir how to incorporate this different characteristics of debt in the cost of debt
Great explanation