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A particular firm is considering issuing additional debt to reach an optimal capital structure. The firm is also evaluating additional projects, all of which are
A particular firm is considering issuing additional debt to reach an optimal capital structure. The firm is also evaluating additional projects, all of which are similar to the firm's current business. Which of the following will NOT effect the firm's optimal debt level?
a. | Tax rates | |
b. | Market risk premium | |
c. | EBITDA/Enterprise value ratio | |
d. | The use of the proceeds of the debt issue | |
e. | Beta |
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