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In a world with corporate taxes and bankruptcy costs, the Question 10 options: a) firm's value is unaffected by capital structure. b) firm should maximize
In a world with corporate taxes and bankruptcy costs, the Question 10 options: a) firm's value is unaffected by capital structure. b) firm should maximize its value by maximizing the firm's debt. c) firm should borrow to the point where the marginal benefits of debt equal the marginal costs. d) firm cannot make a decision about the optimal capital structure with the existing information
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