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If earnings reflect a return greater than the cost of debt, then: Question 7 options: a) the more debt the company has sold, the worse
If earnings reflect a return greater than the cost of debt, then: Question 7 options: a) the more debt the company has sold, the worse off the shareholders are. b) the less debt the company has sold, the better off the shareholders are. c) the more debt the company has sold, the better off the shareholders are. d) the more debt the company has bought, the better off the shareholders are
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
