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Managers should select the capital structure that 1 maximizes the value of a firm's tax deductions. 2 has no debt. 3 minimizes taxes 4 minimizes

Managers should select the capital structure that

1 maximizes the value of a firm's tax deductions.
2 has no debt.
3 minimizes taxes
4 minimizes the cost of capital for the firm.
5 is fully levered.

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