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Discuss whether the directors view (Miss Kay) that issuing traded bonds will decrease the weighted average cost of capital ATC Bhd and thereby increase the
Discuss whether the directors view (Miss Kay) that issuing traded bonds will decrease the weighted average cost of capital ATC Bhd and thereby increase the value of the company. Discussion should consider from the viewpoint of: i. Traditional ii. Modigliani & Miller iii. Market imperfections iv. Pecking order theory
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