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1.The interest tax shield is not at all related to the deductibility of interest expense. T F 2.Financial analyst feel the increases in debt relitive
1.The interest tax shield is not at all related to the deductibility of interest expense. T F
2.Financial analyst feel the increases in debt relitive to a firms equity holdings could increase the chance of bondholders not being paid. T F
3.A firm always becomes bankrupt when its assets are greater than its liabilities. T F
4.Legal and administrative costs make up direct bankruptcy costs. T F
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