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pompa pompa
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7 years ago
Debt capital is less risky than equity capital because a firm is legally obligated to pay interest to bondholders but they are not legally obligated to pay dividends to preferred or common stockholders.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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7 years ago
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pompa Author
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7 years ago
Thanks for your help!!
rudy.zondo
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Yesterday
Thanks
courtneyrmcd
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2 hours ago
Correct Slight Smile TY
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