What is the trade-off-theory of capital structure? How does it differ from MMs theory?

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What is the trade-off-theory of capital structure? How does it differ from MM’s theory?

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Intermediate Financial Management

ISBN: 978-1111021573

10th Edition

Authors: Brigham, Daves

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Question Posted: Feb 03, 2012 01:49 AM

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What is the trade-off-theory of capital structure? How does it differ from MMs theory?

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The tradeoff theory modifies MM and brings in the effects of bankruptcy taxes and so forth Whereas M...View the full answer

Intermediate Financial Management

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