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the pecking order model of capital structure suggests the order in which firms prefer to raise capital is_____ a. debt, then retained warnings, then external

the pecking order model of capital structure suggests the order in which firms prefer to raise capital is_____ a. debt, then retained warnings, then external equity b. retained earnings, then debt, then external equity c. preferred stock , then debt, then external equity d. debt, then external equity, then retained earnings

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