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Many views have been expressed as to whether a firm can increase its value by adjusting its financing mix in terms of equity or debt.

Many views have been expressed as to whether a firm can increase its value by adjusting its financing mix in terms of equity or debt. You are required to express a view on this topic that is based on the underlying financial theories, and which makes use of the academic literature. You should also make extensive use of up-to-date case study or real-world examples to support your view.

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