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Given that there are taxes but no bankruptcy, agency, and lost tax shield costs, as the proportion of debt in a company's capital structure increases,

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Given that there are taxes but no bankruptcy, agency, and lost tax shield costs, as the proportion of debt in a company's capital structure increases, the value of the company O A none of the options are correct OB. decreases O c. it depends on other factors D. increases E. remains the same

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