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Select all that apply What are some possible consequences of raising debt to fool the market about a firm's value? Multiple select question. When the
Select all that apply What are some possible consequences of raising debt to fool the market about a firm's value? Multiple select question. When the market discovers the truth, share prices will increase. The probability and expected costs of financial distress will increase if debt rises above the optimal level. When the market discovers the truth, share prices will drop. The probability and expected costs of financial distress will decrease if debt rises above the optimal level
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