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    Principles of Managerial Finance
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    Exam 13: Leverage and Capital Structure
  5. Question
    Pecking Order Is a Hierarchy of Financing Beginning with Retained
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Pecking Order Is a Hierarchy of Financing Beginning with Retained

Question 116

Question 116

True/False

Pecking order is a hierarchy of financing beginning with retained earnings, followed by debt financing, and finally external equity financing.

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