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please ignore the checked answer When firms issue more debt, the tax shield on debt __, the agency costs on debt (i.e., costs of financial
please ignore the checked answer
When firms issue more debt, the tax shield on debt __, the agency costs on debt (i.e., costs of financial distress). and the agency costs on equity. increases increase, decrease increases, increase increase decreases; decrease; decrease increases: decrease; decreaseStep by Step Solution
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