Question: no need to solve or explain just answer 1 The major advantages of long-term debt include all the following EXCEPT _______. a. decreased financial risk
no need to solve or explain just answer
1
The major advantages of long-term debt include all the following EXCEPT _______.
| a. | decreased financial risk | |
| b. | relatively low after-tax cost | |
| c. | firm owners' ability to maintain control over their firm | |
| d. | increased earnings per share through financial leverage |
2
f the annual coupon rate is 18 percent on a $1000 face value bond with market price equal to $ 1040 . Find current yield
| 19.85769231 | ||
| 17.55769231 | ||
| 15.80769231 | ||
| 17.30769231 |
3
The effect of a one-dollar increase in depreciation expenses is to ____ the typical firm's net cash flows by ____ one dollar.
| a. | increase; less than | |
| b. | increase; more than | |
| c. | decrease; more than | |
| d. | increase; exactly |
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