Question
Other things equal, and ignoring issuance costs, a firm that raises cash by issuing a new bond is most likely to: increase its leverage ratios
Other things equal, and ignoring issuance costs, a firm that raises cash by issuing a new bond is most likely to:
| increase its leverage ratios and decrease its coverage ratios. | ||
| increase its leverage ratios and increase its coverage ratios. | ||
| decrease its leverage ratios and increase its coverage ratios. |
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. Mcguigan, William J. Kretlow
9th Edition
032416470X, 9780324164701
