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Implications of the M&M proposition I, with taxes include all of the following, except: Multiple Choice Debt financing is highly advantageous. A firm's optimal capital
Implications of the M&M proposition I, with taxes include all of the following, except: Multiple Choice Debt financing is highly advantageous. A firm's optimal capital structure is 100% debt. A firm's WACC decreases as the firm relies more heavily on debt financing. A firm's WACC increases as the firm relies less on debt financing. A firm's WACC increases as the firm relies more heavily on debt financing
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