According to the pecking order theory: A. new debt is preferable to new equity. B. new debt

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According to the pecking order theory:

A. new debt is preferable to new equity.

B. new debt is preferable to internally generated funds.

C. new equity is always preferable to other sources of capital.

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Corporate Finance A Practical Approach

ISBN: 9781118217290

2nd Edition

Authors: Michelle R Clayman, Martin S Fridson, George H Troughton, Matthew Scanlan

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Question Posted: Mar 30, 2024 01:01 AM

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According to the pecking order theory: A. new debt is preferable to new equity. B. new debt

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Corporate Finance A Practical Approach

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