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In a World with Taxes and Financial Distress,when a Firm

Question 2

Multiple Choice

In a world with taxes and financial distress,when a firm is operating with the optimal capital structure the:


A) debt-equity ratio will be minimized.
B) weighted average cost of capital will be maximized.
C) firm will be all-equity financed.
D) required return on assets will be at its maximum point.
E) overall benefits of debt have all been realized.

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