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    Fundamentals of Corporate Finance Study Set 13
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    Exam 16: Capital Structure
  5. Question
    Market Timing Means That Managers May Sell New Shares When
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Market Timing Means That Managers May Sell New Shares When

Question 91

Question 91

True/False

Market timing means that managers may sell new shares when they believe the shares are undervalued and rely on debt when the shares are undervalued.

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