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Basic Question 7 of 15
A lower debt rating signifies higher risk to: I. equityholders.
II. debtholders.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
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Learning Outcome Statements
describe optimal and target capital structures
CFA® 2025 Level I Curriculum, Volume 2, Module 6.