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Financial policy is instrumental in creating value for shareholders. Required: (i) Discuss and contrast the factors that a business needs to consider in determining the

Financial policy is instrumental in creating value for shareholders.

Required:

(i) Discuss and contrast the factors that a business needs to consider in determining the best long- term mix of debt and equity capital.

(ii) How can a firm hedge its operating capital needs against volatile economies and fluctuations in the business environment.

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