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Thumb of Michigan | X 2 to that, Ed. If debt is there and the interest can be locked in, there's really no compelling reason to pay it off from a strategic financial planning standpoint. Some can't stand having debt- and I can understand that. But like you, Ed, I was borrowing my first money at a lot higher interest rates than today. And paying it down with $1.80 corn. I hate paying double digit interest rates, but kind of find it real appealing to pay less than 5% rates now. Sometimes much less than 5%. | |
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Hypothetical question.
