An Implicit Cost of Increasing the Proportion of Debt in a Firm's

question 76

Multiple Choice

An implicit cost of increasing the proportion of debt in a firm's capital structure is that:

• A) the firm's asset beta will increase.
• B) shareholders will demand a higher rate of return.
• C) the tax shield will not apply to the added debt.
• D) the cost of equity will decrease.

Analyze Erikson's theory of psychosocial development across different life stages.

Examine the characteristics and concerns of the emerging adulthood phase.

Discuss the process of identity formation and its stages.

Recognize the developmental changes and personal agency in adulthood.