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Which of the following is true? A firm should use more debts since cost of debt is lower than cost of equity. O The optimal

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Which of the following is true? A firm should use more debts since cost of debt is lower than cost of equity. O The optimal capital structure of a firm will vary over time as taxes and market conditions change. A firm should only use equity because of bankruptcy costs. The optimal capital structure of a firm will vary over time as management team changes

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