Explain Why A Firm Should Not Necessarily Refund An Outstanding Debt Issue The I

Explain why a firm should not necessarily refund an outstanding debt issue the instant the net advantage becomes positive. ————————————-250 words minimum please. references. this is a Corporate Financial Management MBA level class. Thank you

QUESTION:Why a firm should not necessarily refund an outstanding debt issue the instant the net advantagebecomes positive?SOLUTION:Any business whether small or big requires capital or funds to…