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What is the prediction of Pecking Order Hypothesis? A. Group of answer choices B. Equity financing is better than debt financing C. External financing is

What is the prediction of Pecking Order Hypothesis?

A. Group of answer choices

B. Equity financing is better than debt financing

C. External financing is better than internal financing

D.None of the other responses

E. If there are no internal funds available, firms choose debt financing and then equity

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