Real estate purchases are often financed with at least 80% debt. Most corporations, however, have less than
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Real estate purchases are often financed with at least 80% debt. Most corporations, however, have less than 50% debt financing. Provide an explanation for this difference using the tradeoff theory.
Exploiting Debt Holders: The Agency Costs of Leverage AppendixLO1
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Related Book For 
Corporate Finance The Core
ISBN: 9781292431611
5th Global Edition
Authors: Jonathan Berk, Peter DeMarzo
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