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> If my business is valued at a million dollars and I take out a loan for a million, my business is now valued at 0. No, my business would have the existing as
by iso1631 4y ago
> If my business is valued at a million dollars and I take out a loan for a million, my business is now valued at 0.
No, my business would have the existing assets of $1m, new assets of $1m in cash a liability of $1m, leaving a value of $1m
(minus any interest payments)