According to the Pecking Order Hypothesis,less Profitable Companies in an Asymmetric

Multiple Choice

According to the Pecking Order Hypothesis,less profitable companies in an asymmetric world will need more ________; they will first seek ________ and will avoid ________.

A) external funding; equity funding; debt market
B) internal funding; the use of retained earnings; debt market
C) external funding; debt financing; equity market
D) internal funding; the use of retained earnings; equity market