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Capital structure is irrelevant ifI) capital markets are efficientII) each investor can borrow/lend on the same terms as thefirmIII) there are no tax benefits to

Capital structure is irrelevant ifI) capital markets are efficientII) each investor can borrow/lend on the same terms as thefirmIII) there are no tax benefits to debta. III onlyb. II onlyc. I, 2 answers

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