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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 passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe optimal and target capital structures
CFA® 2024 Level I Curriculum, Volume 2, Module 6.