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Establishing a capital structure for a firm is not simple. Although financial theory guides the process, there is no quantifiable formula to follow. However, there

Establishing a capital structure for a firm is not simple. Although financial theory guides the process, there is no quantifiable formula to follow. However, there are key factors which should be considered as they affect the target ratio. Identify and explain three such factors. Use business style writing, with clearly structured sentences. Submit your answer in a Word document.

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