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The concept of interest rate tax shield arises due to the concept of seniority. are paid first, and then the , and last. However, CFOs
The concept of "interest rate tax shield" arises due to the concept of seniority. are paid first, and then the , and last. However, CFOs mut keep in mind that leverage is a double-edged sword due to the risk. Fill in the blanks with the most appropriate words from the following list.
shareholders
debt
investors
government
litigation
bankruptcy
business
idiosyncratic
systemic
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