Question: Problem How wouldyour answer to Problem #1 change if the debt was unsecured? Specifically, what might the credit rating be under an unsecured format and

 Problem How wouldyour answer to Problem #1 change if the debt
was unsecured? Specifically, what might the credit rating be under an unsecured

Problem How wouldyour answer to Problem #1 change if the debt was unsecured? Specifically, what might the credit rating be under an unsecured format and how would this affect the value of the firm? Explain or provide your reasoning

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