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Question #2 You are the controller of a firm whose CEO believes that debt should always be used to finance long-term expenditures because interest is

Question #2

You are the controller of a firm whose CEO believes that debt should always be used to finance long-term expenditures because interest is tax deductible. List and describe other benefits to debt financing. Also, list and describe risks to using debt. Three example of benefits, and there examples of risks.

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