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All else equal, when a firm borrows funds, a) it increases the firm's cash flow b) it reduces the firm's leverage c) it is always
All else equal, when a firm borrows funds,
| a) it increases the firm's cash flow | ||
| b) it reduces the firm's leverage | ||
| c) it is always a warning sign to a bank that credit risk is rising | ||
| d) none of the above |
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Bond Markets Analysis And Strategies
Authors: Frank J.Fabozzi
7th Edition
0136078974, 978-0136078975
