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*If banks or lines of credit exist - why was the IPO ever invented for funding if it is more expensive and if it leads to the agency problem?
*If banks or lines of credit exist - why was the IPO ever invented for funding if it is more expensive and if it leads to the [[Agency Problem]]?

Revision as of 18:28, 10 April 2022

  • If banks or lines of credit exist - why was the IPO ever invented for funding if it is more expensive and if it leads to the Agency Problem?