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Look at the data on corporate financing choices of intercontinental hotels group plc(Retained Earnings, Debt and Equity) and discuss which theory (Trade-off Theory versus Pecking

Look at the data on corporate financing choices of intercontinental hotels group plc(Retained Earnings, Debt and Equity) and discuss which theory (Trade-off Theory versus Pecking Order Theory) and dimensions (Taxes, Risk, Asset Type and Financial Slack) best explain what you see in the data in the past five years. NB use intercontinental hotels group plc annual reports available freely online use consolidated financial reports

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