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Debt overhang problem may result in: O the firm always choosing projects with the positive NPVs O the firm turning down positive NPV projects
Debt overhang problem may result in: O the firm always choosing projects with the positive NPVs O the firm turning down positive NPV projects that it would clearly accept in an all equity firm O stockholders contributing the full amount of the investment, but both stockholders and bondholders sharing in the benefits of the project O Both A and C O Both B and C
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Principles of managerial finance
Authors: Lawrence J Gitman, Chad J Zutter
12th edition
9780321524133, 132479540, 321524136, 978-0132479547
