Question
Which of the following increases financial risk? a.the substitution of equity for short-term debt b.the substitution of short-term debt for long-term debt c.the reduction of
Which of the following increases financial risk?
a.the substitution of equity for short-term debt
b.the substitution of short-term debt for long-term debt
c.the reduction of cash and marketable securities
d.the substitution of long-term debt for short-term debt
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
11th Edition
1260288390, 978-1260288391
