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Which of the following events is likely to encourage a company to raise its target debt ratio, other things held constant? Question 6 Answer a

Which of the following events is likely to encourage a company to raise its target debt ratio, other things held constant?
Question 6Answer
a.
An increase in the corporate tax rate.
b.
An increase in the personal tax rate.
c.
The company's stock price hits a new high.
d.
The Federal Reserve tightens interest rates in an effort to fight inflation.

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