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12 Following the seminal paper of Modigliani and Miller (1958) on the relevance of capital structure decision of firms a number of theories have emerged,

12 Following the seminal paper of Modigliani and Miller (1958) on the relevance of capital structure decision of firms a number of theories have emerged, discuss five (5) of these theories explaining capital structure decisions of firms and five (5) factors that influence the capital structure decisions of firms

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