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According to the text, in the absence of knowledge of a companys target capital structure, which of the following methods may be used as the
According to the text, in the absence of knowledge of a companys target capital structure, which of the following methods may be used as the baseline? a. Assume the companys current capital structure, at market value weights for the components, represents the companys target capital structure. b. Examine trends in the companys capital structure or statements by management regarding capital structure policy to infer the target capital structure. c. Use averages of comparable companies capital structures as the target capital structure
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