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Changes in a firm's bond rating affect its ability to: A. claim deductions in tax liability computation. B. borrow long-term capital and the cost of
Changes in a firm's bond rating affect its ability to:
A. claim deductions in tax liability computation.
B. borrow long-term capital and the cost of such funds.
C. increase the coupon rate on bonds issued to investors.
D. procure raw material in sufficient quantity for manufacturing processes.
E. exercise a call provision on its bonds.
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