Question
Which of the following is NOT / NEVER a benefit of obtaining additional cash by refinancing? (A) The investor can increase financial leverage (B) It
Which of the following is NOT / NEVER a benefit of obtaining additional cash by refinancing?
(A) The investor can increase financial leverage
(B) It is an alternative to a sale of the property
(C) Risk is decreased
(D) No taxes have to be paid on funds received by additional borrowing
(E) The additional cash may be able to be used for new investment
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
