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Financing costs and borrowing ability

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Reference no: EM132803365

If the credit rating of Occidental Petroleum decreases markedly, what is the least likely affect on its financing costs and borrowing ability?

a) Its default risk may increase

b) Occidental Petroleum may find it easier to borrow money

c) Its interest rates charged on debt may increase

d) Occidental Petroleum may have to provide additional collateral to borrow money

Reference no: EM132803365

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