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Which of the following is most consistent with using debt to reduce agency costs or conflicts? The issuance of debt helps firms increase their credit
Which of the following is most consistent with using debt to reduce agency costs or conflicts? The issuance of debt helps firms increase their credit rating The interest paid on debt reduces taxable income and income taxes Increasing debt reduces a firm's business risk The interest paid on debt reduces cash that management of a firm might otherwise waste or use poorly
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