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1.Explain why determining a firm's optimum debt-to-equity mix is important. 2. A financial director's primary concern is financial flexibility. Would you expect the company to
1.Explain why determining a firm's optimum debt-to-equity mix is important.
2. A financial director's primary concern is financial flexibility. Would you expect the company to use up all its borrowing capacity? Please explain.
3. Is a company always destined to be financed with equity capital?
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