Managers should consider ________ for external financing when agency costs are significant.
A) long-term debt
B) retained earnings
C) internal equity
D) short-term debt
Correct Answer:
Verified
Q99: One of the factors that determine the
Q100: The tradeoff theory of optimal capital structure
Q101: Market timing means that managers may sell
Q102: Managers should make use of the interest
Q103: The use of leverage as a way
Q104: Managers should not change the capital structure
Q105: The pecking order hypothesis states that managers
Q107: The optimal capital structure depends on _
Q108: Under-investment problems refers to the problem that
Q109: Asymmetric information implies that _ may have
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents