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1)While arranging capital for their business some managers follow the pecking order theory, can you explain what pecking order theory is and why managers choose
1)While arranging capital for their business some managers follow the pecking order theory, can you explain what pecking order theory is and why managers choose such a theory to raise capital?
2)What are the potential advantages and disadvantages to a company's shareholders if the company increases the proportion of debt in its capital structure?
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