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The inclusion of bankruptcy risk in firm valuation????? Answer A. ACknowledges that a firm has an upper limit to debt financing.--- B. Causes cost of
The inclusion of bankruptcy risk in firm valuation????? Answer A. ACknowledges that a firm has an upper limit to debt financing.--- B. Causes cost of capital curve to be linear.---- C. causes the cost of capital curve to be downward sloping regardless of capital structure.---- D. has no consequences for practical management of capital structure policy
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