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Corporation with both equity and sizable corporate debt components faces agency cost of debt because a - The managers and shareholders will be in disagreement
Corporation with both equity and sizable corporate debt components faces agency cost of debt because a - The managers and shareholders will be in disagreement over repaying the bonds b - The cost of common equity will increase as debt outstanding increases c - cost of a double decline is issuance increases d- The cost of debt will increase as insurance increases e- all of the above reasons are valid concerns
a - The managers and shareholders will be in disagreement over repaying the bonds
b - The cost of common equity will increase as debt outstanding increases
c - cost of a double decline is issuance increases
d- The cost of debt will increase as insurance increases
e- all of the above reasons are valid concerns
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