Question
With respect to optimal leverage, the trade-off theory states that firms should increase their leverage until it reaches the level for which the firm value
With respect to optimal leverage, the trade-off theory states that firms should increase their leverage until it reaches the level for which the firm value exceeds zero.
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True
False
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
14th Edition
0357516664, 978-0357516669
