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Write a brief note on Pecking Order of Financing, and Signaling Theory. (2.5 marks). Which is preferable for a company: Higher Cost of Capital, or

Write a brief note on Pecking Order of Financing, and Signaling Theory. (2.5 marks). Which is preferable for a company: Higher Cost of Capital, or Lower? Give reasons for your answer. (2.5 marks)

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