Although the major benefit of debt financing is easy to observe-the tax shield-many of the indirect costs

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Although the major benefit of debt financing is easy to observe-the tax shield-many of the indirect costs of debt financing can be quite subtle and difficult to observe. Describe some of these costs?

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Corporate Finance

ISBN: 978-0134083278

4th edition

Authors: Jonathan Berk, Peter DeMarzo

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Question Posted: Nov 24, 2016 08:12 AM

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Although the major benefit of debt financing is easy to observe-the tax shield-many of the indirect costs

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