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QUESTION SEX. [15 MARKS a) Critically evaluate how each of the following factors may influence the decision on how much debt a firm ends up

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QUESTION SEX. [15 MARKS a) Critically evaluate how each of the following factors may influence the decision on how much debt a firm ends up using: i) Firms Assets Structure. ( 3 marks) ii) Need for financial flexibility. (3 marks) iii) Level of competition in the output market. (3 marks) b) In the real world, why would a firm be able to consistently generate positive NPV projects? Explain your answers using any three typical strategies. (6 marks)

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