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Explain how the firm may use debt or borrowing as a signal by the top management of the expected future profits of the firm and
Explain how the firm may use debt or borrowing as a signal by the top management of the expected future profits of the firm and protect the firm from a hostile takeover bid. marks
Explain how the firm may use debt or borrowing as a signal by the top management of the expected future profits of the firm and protect the firm from a hostile takeover bid. marks
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