Question
Debt generates tax shield, which would increase the value of the firm Debt can cause agency problems, which might potentially hurt the value of the
| Debt generates tax shield, which would increase the value of the firm | ||
| Debt can cause agency problems, which might potentially hurt the value of the firm | ||
| Too much debt increases the probability of bankruptcy, which would decrease the value of the firm | ||
| All of the above |
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Beyond Greed And Fear Understanding Behavioral Finance And The Psychology Of Investing
Authors: Hersh Shefrin
1st Edition
0195161211, 978-0195161212
