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Your firm needs to raise $20 million for a new project. You forecast that EPS next year will be $1.45 if the firm issues new

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Your firm needs to raise $20 million for a new project. You forecast that EPS next year will be $1.45 if the firm issues new equity, but $1.55 if the firm issues new debt. Therefore, in this case, debt is a better source of financing. True False

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