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Question 56 In the pecking order thcory of financing, debt is preferred to cquity financing because A Issuing debt is considered more positive by the

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Question 56 In the pecking order thcory of financing, debt is preferred to cquity financing because A Issuing debt is considered more positive by the markets Tax benefits of debt exceed the expected costs of financial distress B. Debt financing increases the EPS of the firm . Cost of debt is lower than the cost of equity D

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