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Given the presence of bankruptcy costs as well as corporate taxes with deductibility of interest for tax purposes, the optimal Debt to Equity ratio for

Given the presence of bankruptcy costs as well as corporate taxes with deductibility of interest for tax purposes, the optimal Debt to Equity ratio for a firm will be a. Debt Equity of almost 100% b. Debt/Equity ratio of 0% c. Debt/Equity ratio between 0% and 100%

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