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What is the major drawback of debt financing? Select one: Interest payments must be made before shareholder dividends and irrespective of fluctuations in profits You
What is the major drawback of debt financing?
Select one:
Interest payments must be made before shareholder dividends and irrespective of fluctuations in profits
You have to pay back the money
Increasing debt changes the gearing ratio of the firm
Lenders often require security of the loan against assets of the company
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