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Diamondlove Diamondlove
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3 years ago
Which of the following statements about debt is TRUE?

▸ Increasing debt increases the firm's flexibility.

▸ As debt increases, distress costs decrease.

▸ Using debt causes a loss of ownership by the firm.

▸ Using debt allows the firm to earn money using someone else's money.

▸ As the level of debt increases, the firm's credit rating begins to matter less.
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 2nd
Authors:
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ShuqinShuqin
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#1
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3 years ago
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Diamondlove Author
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3 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Transonic
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Yesterday
Thank you, thank you, thank you!
ouasfoudgewu
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2 hours ago
Good timing, thanks!
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