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Equity is a cheaper source of funding than debt. True False Bonds rated "B" by the major credit rating agencies are considered investment grade. True False

Equity is a cheaper source of funding than debt. True False Bonds rated "B" by the major credit rating agencies are considered investment grade. True False

EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter14: Capital Structure Management In Practice
Section: Chapter Questions
Problem 1QTD
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answer both and explain why

Equity is a cheaper source of funding than debt. True False
Transcribed Image Text:Equity is a cheaper source of funding than debt. True False
Bonds rated "B" by the major credit rating agencies are considered investment grade. True False
Transcribed Image Text:Bonds rated "B" by the major credit rating agencies are considered investment grade. True False
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