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What happens if the firm increases the debt level above the optimal debt/equity level? The cost of debt increases The value of firm decreases The
What happens if the firm increases the debt level above the optimal debt/equity level?
The cost of debt increases
The value of firm decreases
The probability of default increases
All of the above
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Public Finance In A Changing World
Authors: Peter Birch Sorensen
1998th Edition
0333682211, 978-0333682210
