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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 Answer
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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