Firms have a difficult time selling equity when they are in financial distress.
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Q29: The optimal capital structure of a firm
A)
Q30: Industries with large amounts of tangible assets
Q31: Borrowing money and paying out a special
Q32: The weighted average cost of capital (WACC)
Q33: The trade-off theory of capital structure states
Q35: Under the pecking order theory, debt is
Q36: A firm's capital structure is the mix
Q37: M&M Proposition 1 assumes all of the
Q38: The pecking order theory says that instead
Q39: Managers often focus on cash flows, but
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