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Which of the following theories implies there is an optimal firm capital structure? a. Miller & Modigliani under perfect capital markets b. Both trade-off theory

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Which of the following theories implies there is an optimal firm capital structure? a. Miller \& Modigliani under perfect capital markets b. Both trade-off theory and pecking order theory c. Pecking order theory d. Trade-off theory e. Both free cash flow theory and Miller \& Modigliani under perfect capital markets

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