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If the government implicitly promises to bail out your firm if it ever becomes insolvent, (i.e. put enough cash into your firm to ensure bondholders

If the government implicitly promises to bail out your firm if it ever becomes insolvent, (i.e. put enough cash into your firm to ensure bondholders will be paid) what would be the effects on your firm's:

1) cost of debt capital

2) leverage

3) risk of default

4) ROE

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