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    Exam 17: Does Debt Policy Matter
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    When a Firm Has No Debt, Then Such a Firm
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When a Firm Has No Debt, Then Such a Firm

Question 75

Question 75

Multiple Choice

When a firm has no debt, then such a firm is known as
I.an unlevered firm;
II.a levered firm;
III.an all-equity firm


A) I only
B) II only
C) III only
D) I and III only

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