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4. All of the following are true EXCEPT: Financial and business risk are two components to a company's systematic risk A risk free opportunity for

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4. All of the following are true EXCEPT: Financial and business risk are two components to a company's systematic risk A risk free opportunity for a firm is the tax shield provided by interest financing Under bankruptcy, a financial risk to shareholders is that the bondholders can take control Company debt-to-equity ratios are generally low Bankruptcy costs make debt financing less attractive

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