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All of the following are potential disadvantages of short-term debt except: ...

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Finance

All of the following are potential disadvantages of short-term debt except:

uncertainty of interest costs because short-term debt must be replaced often.

short-term debt generally has a higher interest cost than long-term debt.

short-term debt must be paid back more quickly than long-term debt.

a greater risk of illiquidity than long-term debt.

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