Which of the following is true about a firms capital structure?

Group of answer choices

A firms current or actual capital structure can differ from its target (or desired) capital structure because issuing new debt and stock can be lumpy.

In general, it is better to use the weights in a firms Target Capital Structure rather than the weights based on its Balance Sheet Capital Structure when estimating its WACC.

A firms capital structure is a how a firm is financing its projects using investor supplied capital.

All of the above are correct.