Why are the costs of debt issues less than those of equity issues? List the possible reasons.

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Principles of Corporate Finance

ISBN: 978-0072869460

7th edition

Authors: Richard A. Brealey, Stewart C. Myers

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Question Posted: Jun 08, 2011 06:52 AM

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Why are the costs of debt issues less than those of equity issues? List the possible reasons.

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There are several possible reasons why the issue costs for debt are lowe...View the full answer

Principles of Corporate Finance

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