With low rate, money is cheaper. Why not to borrow? The thing is that not many can get a loan. If MSFT can get a lot of loan, it can buy cheap with low cost and it has a money machine to repay the loan. This is called capital structure. Better ROE.
With low rate, money is cheaper. Why not to borrow? The thing is that not many can get a loan. If MSFT can get a lot of loan, it can buy cheap with low cost and it has a money machine to repay the loan. This is called capital structure. Better ROE.
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