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kolitchko kolitchko
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6 years ago
Why are corporations more likely to raise funds externally by debt instead of equity?
A) moral hazard is less of a problem with debt contracts
B) transactions costs tend to be higher in the stock market than bond market
C) to avoid paying dividends
D) interest rates tend to be lower than dividend rates
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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Wars-Like-ThisWars-Like-This
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6 years ago
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kolitchko Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Natalie Price
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Yesterday
Thank you, thank you, thank you!
vanna2014
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2 hours ago
Thanks
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