|
Title: Which of the following statements is FALSE? Post by: johnpaech on Nov 20, 2017 Which of the following statements is FALSE?
A) The agency costs of debt can arise only if there is no chance the firm will default and impose losses on its debt holders. B) Agency costs represent another cost of increasing the firm's leverage that will affect the firm's optimal capital structure choice. C) An under-investment problem occurs when shareholders choose to not invest in a positive-NPV project. D) When a firm faces financial distress, it may choose not to finance new, positive-NPV projects. Title: Re: Which of the following statements is FALSE? Post by: deusmaroto on Nov 20, 2017 A
Title: Re: Which of the following statements is FALSE? Post by: johnpaech on Aug 1, 2018 This course drove me insane!
|