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Which of the following statements is TRUE? The optimal proportion of debt in the firm's capital structure will be higher, the higher the firm's growth

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Which of the following statements is TRUE? The optimal proportion of debt in the firm's capital structure will be higher, the higher the firm's growth rate. If bankruptcy is costly, there costs might offset the tax advantage of debt financing. The data show a clear preference for equity as a source of external financing for the total population of Canadian firms. To receive the full tax benefits of leverage, a firm needs to use 100% debt financing

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