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A firm in a cyclical industry should use a . a large amount of debt to lower the cost of capital. b . no debt
A firm in a cyclical industry should use a a large amount of debt to lower the cost of capital. b no debt at all. c preferred stock in place of debt. d a limited amount of debt to lower the cost of capital.
A firm in a cyclical industry should use a a large amount of debt to lower the cost of capital. b no debt at all. c preferred stock in place of debt. d a limited amount of debt to lower the cost of capital.
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
