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The optimal capital structure: 1. will remain constant over time unless the firm makes an acquisition. 2. is unaffected by changes in the financial markets.
The optimal capital structure:
1. will remain constant over time unless the firm makes an acquisition.
2. is unaffected by changes in the financial markets.
3. places more emphasis on the operations of a firm rather than the financing of a firm.
4. of a firm will vary over time as taxes and market conditions change.
5. will be the same for all firms in the same industry.
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