Question
Which of the following is one of the main advantages of using long-term debt financing instead of equity financing? a) Ability to raise large amounts
a) Ability to raise large amounts of capital.
b) Tax-deductibility of dividends.
c) Not having to pay back the principal.
d) Tax-deductibility of interest.
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
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