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Assume that you are looking at an Australian aviation company that has historically enjoyed monopoly power and has funded itself with a significant amount of

Assume that you are looking at an Australian aviation company that has historically enjoyed monopoly power and has funded itself with a significant amount of debt as relative to equity. The current market has now experienced some unexpected financial crisis. Do you think the company's capital structure makes good financial sense and what change would you expect to see in the company's debt policy?

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