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1. Discuss the Modigliani-Miller tradeoff and Myers-Majluf pecking order theories of capital structure in depth. What do the respective theories prescribe when it comes to
1. Discuss the Modigliani-Miller tradeoff and Myers-Majluf pecking order theories of capital structure in depth. What do the respective theories prescribe when it comes to capital structure decision-making? Are they equally viable in the world of small, privately-held businesses versus in the public space?
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