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What is the objective of the firm in choosing an optimal capital structure? A) To minimize the present value of financial distress costs. B) To

What is the objective of the firm in choosing an optimal capital structure? A) To minimize the present value of financial distress costs. B) To minimize the weighted average cost of capital WACC. C) To maximize the present value of the interest tax shield of debt. D) To maximize the value of the debt. E) To minimize the present value of the bankruptcy costs.

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