A firm in a stable industry should use:
a) a large amount of debt to lower the cost of capital
b) no debt at all
c) preferred stock in place of debt
d) a limited amount of debt to lower the cost of capital
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A firm in a stable industry should use:
a) a large amount of debt to lower the cost of capital
b) no debt at all
c) preferred stock in place of debt
d) a limited amount of debt to lower the cost of capital
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