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Hi, could you please assist with this question? You are an investment banking consultant advising a mining company. The CEO of the company tells you
Hi, could you please assist with this question?
You are an investment banking consultant advising a mining company. The CEO of the company tells you that she believes that capital structure does not have an impact on firm value. On what basis might they make this comment? State whether you agree or not with this position and explain why. Does the nature of this firms business risk change your answer? Fully explain your reasoning.
Thanks kindly
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