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In the trade-off theory of capital structure (Case III) optimal capital structure (optimal mix of debt and equity) exists and it is obtained as a
In the trade-off theory of capital structure (Case III) optimal capital structure (optimal mix of debt and equity) exists and it is obtained as a result of a trade-off between the tax benefits of debt, which are the tax saving associated with debt, and the costs of financial distress. True False
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Introduction To Mathematical Finance Discrete Time Models
Authors: Stanley R. Pliska
1st Edition
1557869456, 9781557869456
