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By the tradeoff theory of capital structure, which one of these firms would be most likely to use large amounts of debt financing? a.A firm
By the tradeoff theory of capital structure, which one of these firms would be most likely to use large amounts of debt financing?
a.A firm based in a country with honest, efficient bankruptcy courts
b. A firm with a very low tax rate
c.A firm whose equity is very difficult to value
d. A firm with a high asset beta
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