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    Financial Management Principles and Applications Study Set 2
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    Exam 15: Capital Structure Policy
  5. Question
    The Pecking Order Theory of Capital Structure Is Derived from
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The Pecking Order Theory of Capital Structure Is Derived from

Question 45

Question 45

Multiple Choice

The pecking order theory of capital structure is derived from


A) expectations theory.
B) the Modigliani-Miller theory.
C) liquidity preference theory.
D) agency theory.

Correct Answer:

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