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Which of following is NOT a step that should be taken to minimize risk associated with long-term debt? A company should Select one: a. conduct
Which of following is NOT a step that should be taken to minimize risk associated with long-term debt? A company should Select one: a. conduct a thorough business analysis when a decision is made to borrow money b. make sure that there is a high probability of positive financial leverage c. maximize its debt-to-equity ratio d. evaluate the characteristics of the various types of debt
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