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The main advantage of debt financing for a firm is: I)No SEC registration is required for bond issues. II)Interest expenses are tax deductible. III) Unlevered
- The main advantage of debt financing for a firm is:
- I)No SEC registration is required for bond issues.
- II)Interest expenses are tax deductible.
- III) Unlevered firms have higher value than levered firms.
- a.I only
- b.II only
- c.III only
- d.I and III only
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