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    Personal Financial Planning Study Set 1
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    Exam 4: Managing Your Cash and Savings
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    Lower Borrowing Costs Encourage the Substitution of Debt for Equity
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Lower Borrowing Costs Encourage the Substitution of Debt for Equity

Question 84

Question 84

True/False

Lower borrowing costs encourage the substitution of debt for equity in corporate capital structures,which increases financial risk.

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