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Which of the following is an advantage of debt financing? Interest charges on debt are tax deductible. O Firms that are entirely debt financed have

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Which of the following is an advantage of debt financing? Interest charges on debt are tax deductible. O Firms that are entirely debt financed have to pay very minimal taxes The higher the interest charges, the lower the bankruptcy costs Interest charges on debt are based on the net income of the firm. oInterest charges on debt is very minimal

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