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Mondiglian and Miller Capital Structure Theory Proposition 1 postulates: a. a firm's optimal capital structure is no debt b. a firm's optimal capital structure is

Mondiglian and Miller Capital Structure Theory Proposition 1 postulates:

a. a firm's optimal capital structure is no debt

b. a firm's optimal capital structure is a low degree of operating leverage

c. a firm's optimal capital structure is theoretically not achievable

d. a firm's optimal capital structure is 100% debt

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