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The lower risk nature of longterm debt in a firm's capital structure is due to the fact that? A. creditors have a higher position in
The lower risk nature of longterm debt in a firm's capital structure is due to the fact that?
A.
creditors have a higher position in the priority of claims.
B.
dividend payments are
taxminusdeductible.
C.
equity capital has a fixed return.
D.
the equity holders are the true owners of the firm
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