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Various views have been proposed with regards to how much should a corporation borrow. Based on different schools of thought, critically discuss whether an optimal

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Various views have been proposed with regards to how much should a corporation borrow. Based on different schools of thought, critically discuss whether an optimal capital structure exists in the real world compared to the capital structure irrelevance theorem of Modigliani and Miller. (Word limit: Maximum 1000 words, sentences written after the word limit will not be marked) (25 marks)

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