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Which of the following statements about capital structure of not-for-profit firms is false? Not-for-profit firms receive about the same tax advantage benefits from the use
Which of the following statements about capital structure of not-for-profit firms is false? Not-for-profit firms receive about the same tax advantage benefits from the use of debt financing as do investor-owned firms. The opportunity cost of fund capital rises as more debt financing is used. Not-for-profit firms are not subject to the same types of financial distress costs as investor-owned firms. Not-for-profit businesses do not have access to the equity markets. If a not-for-profit firm has insufficient fund cap
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