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The probability of financial distress Question 6 options: Decreases as business risk increases Decreases when the firm's debt to value ratio increases All the listed

The probability of financial distress

Question 6 options:

	Decreases as business risk increases
	Decreases when the firm's debt to value ratio increases
	All the listed options
	Increases when the volatility in the firm's operating cash flows increase.

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Financial Management Theory and Practice

Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason

2nd Canadian edition

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