All other things being the same, would the shareholders of a firm prefer to increase or decrease

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All other things being the same, would the shareholders of a firm prefer to increase or decrease the volatility of the firm’s return on assets? Why? What about the bondholders? Give an intuitive explanation.

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Fundamentals Of Corporate Finance

ISBN: 9780077178239

3rd Edition

Authors: David Hillier, Iain Clacher, Stephen A. Ross

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