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Answer each of the following questions. In terms of financing costs and profits, when should a financial manager of a firm: (a) issue new securities;

Answer each of the following questions. In terms of financing costs and profits, when should a financial manager of a firm: (a) issue new securities; (b) use internal financing rather than external financing; (c) replace some equity financing with debt financing; (d) take a private firm public; (e) liquidate some of the firm's debt and buy back some of its stock?

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