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  3. Study Set
    Financial Management Principles and Applications Study Set 2
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    Exam 15: Capital Structure Policy
  5. Question
    Given the Existence of Taxes and Bankruptcy Costs, the Optimal
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Given the Existence of Taxes and Bankruptcy Costs, the Optimal

Question 10

Question 10

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Given the existence of taxes and bankruptcy costs, the optimal capital structure is 100% debt.

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