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A company that has a(n) ________ would be most likely to have a high percentage of debt in its optimal capital structure. Multiple Choice very

A company that has a(n) ________ would be most likely to have a high percentage of debt in its optimal capital structure.

Multiple Choice

very low marginal tax rate

low probability of financial distress

exceptionally high level of depreciation expense

substantial level of tax shields from other sources

minimal level of taxable income

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