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A firm currently has assets worth $10 million. The firm has debt with a face value of $10 million maturing next month. Equity holders are
A firm currently has assets worth $10 million. The firm has debt with a face value of $10 million maturing next month. Equity holders are most likely to prefer: Investments that decrease the risk of the firm O Investments that increase the risk of the firm Safe investments with a negative NPV Safe investments with a positive NPV
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