Q1. For a firm financed with common stock and fixed-rate debt, an analyst should most appropriately adjust which of the following items for a change in market interest rates? A) Interest expense. B) Cash flow from financing. C) Debt-to-equity ratio.
Q2. An increase in interest rates is most likely to benefit: A) firms that issued debt at a lower cost than current rates. B) firms with more equity than debt. C) firms with no debt.
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发表于 2009-1-19 11:37
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