Which of the following industries have low optimal debt levels according to the tradeoff theory? Which have

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Which of the following industries have low optimal debt levels according to the tradeoff theory?

Which have high optimal levels of debt?

a. Tobacco firms

b. Accounting firms

c. Mature restaurant chains

d. Lumber companies

e. Cell phone manufacturers Appendix

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Corporate Finance

ISBN: 9780137845071

6th Edition

Authors: Jonathan Berk, Peter DeMarzo

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