Keyvo241 Keyvo241

03-06-2023
Business

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Which of the following statement is TRUE? I. Limited liability provides equity-holders with a walk-away option II. Limited liability benefits lenders III. The price of a corporate bond is lower than the price of a comparable Treasury bond because of limited liability IV. Limited liability does not affect the price of corporate bonds a. I and III b. II and IV c. I, II, and III d. I and IV

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