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52 21. As per M&M theory, if we assume there is no taxes, no bankruptcy costs, the optimal capital structure for a firm 53 should

52 21. As per M&M theory, if we assume there is no taxes, no bankruptcy costs, the optimal capital structure for a firm 53 should be: 34 A) 100% debt 55 B) 0% debt C) Somewhere between 0% and 100% D) No optimal capital structure 67 66

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