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Now we live in the world of imperfect capital market. In other words, Miller and Modigliani were able to account the bankruptcy costs into their

Now we live in the world of imperfect capital market. In other words, Miller and Modigliani were able to account the bankruptcy costs into their MM models. What percentage of debt financing would be optimal? Group of answer choices 100% It depends. Not enough information 50% 0%

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