10 pts Ralfus Roofing is going to issue additional shares of stock to pay off debt. Ralfus has stable cash flows and pays income taxes, so the debt reduction and corresponding loss of interest tax shields is a value-destroying endeavor. When will stock price decrease based on this transaction? When higher taxes are paid in the future When new shares of stock are issued When equity issue/debt reduction is announced When cash is used to pay off debt Previous Next Not saved Submi