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26. Which of the following firms would be LESS likely to use more debt? a. A firm owns many buildings and real estates. b. A
26. Which of the following firms would be LESS likely to use more debt? a. A firm owns many buildings and real estates. b. A firm has stable taxable income. c. A firm has large agency costs of equity. d. A firm has used up all other tax saving strategies. e. A firm has low-rated (B or below) bonds
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