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Which of the following is true of companies in Japan with respect to their capital structures? a. Companies in Japan use greater proportions of debt
Which of the following is true of companies in Japan with respect to their capital structures?
a.
Companies in Japan use greater proportions of debt than others.
b.
Companies in Japan are financed entirely through equity.
c.
Equity monitoring costs are low in Japan.
d.
Dividends are taxed as income in Japan.
e.
Companies in Japan raise most of their corporate debt through publicly issued bonds.
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