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When agency and bankruptcy costs are considered, the optimal capital structure has a debt level where Select one: O a. the debt/equity ratio is 2:1.

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When agency and bankruptcy costs are considered, the optimal capital structure has a debt level where Select one: O a. the debt/equity ratio is 2:1. b. the cost of debt equals the cost of equity. O c. the cost of equity equals zero. O d. the sum of agency and bankruptcy costs equal the benefits of using debt. O e. bankruptcy costs are maximized

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