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5.1. The trade-off theory of ownership and capital structure argues that managers should seek an optimal mix of equity and debt that minimises the firm's
5.1. The trade-off theory of ownership and capital structure argues that managers should seek an optimal mix of equity and debt that minimises the firm's weighted average cost (Nicodano, 2018). Considering the above observation, discuss the factors that influence debt-equity trade-off decisions by small business owners
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