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rue/False Short Explanation Questions (3 points each, total: 12 points) whether the statements below are true or false. Explain your answer in a maximum of

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rue/False Short Explanation Questions (3 points each, total: 12 points) whether the statements below are true or false. Explain your answer in a maximum of four ces Although there may be a variety of reasons why answers are true or false, I am looking sentences specifically for reasons discussed in the lectures, readings, and cases of this course. Ramblings will e penalized. (3 points each 1 for true/false+ 2 for correct explanation) 1) In the pecking order theory of capital structure, firms prefer to finance projects using bank debt before resorting to equity. 2) If an airline can hedge its exposure to fuel price movements at zero costs, it should do so because the value of this airline is always maximized if it chooses to do risk management by hedging its exposure to fuel prices

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