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Following the seminal paper of Modigliani and Miller (1958) on the relevance of capital structure decision of firms a number of theories have emerged, discuss

Following the seminal paper of Modigliani and Miller (1958) on the relevance of capital structure decision of firms a number of theories have emerged, discuss five (5) of these theories explaining capital structure decisions of firms and five (5) factors that influence the capital structure decisions of firms.

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