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    Financial Management Concepts and Applications
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    Exam 12: Designing an Optimal Capital Structure
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    Optimal Capital Structure "First" Criteria Suggests That Flexibility Should Be
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Optimal Capital Structure "First" Criteria Suggests That Flexibility Should Be

Question 17

Question 17

Multiple Choice

Optimal capital structure "first" criteria suggests that flexibility should be ________ and that the best way to obtain that is with ________ levels of debt and ________ levels of equity.


A) high; high; low
B) low; low; high
C) high; low; high
D) low; high; low

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