38. If you consider the equity of a firm to be an option on...
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Accounting
38.
If you consider the equity of a firm to be an option on the firm's assets then the act of paying off debt is comparable to _____ on the assets of the firm.
purchasing a put option
purchasing a call option
exercising an in-the-money call option
exercising an in-the-money put option
selling a call option
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