High interest rates make the cost of borrowing very expensive. Companies have to pay high interest on loans and bonds. All these make their overall cost of capital go up. This may discourage firms from taking new debt since they will pay a high level of interest and lower profitability. For instance, a firm that seeks to expand by borrowing may delay its expansion plans in a high-inte... https://finxl.in/fundamental-analysis-certification-online-training-courses.html