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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