According to the pecking-order model of capital structure, firms will tend to raise capital in which of

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According to the pecking-order model of capital structure, firms will tend to raise capital in which of the following orders?

a. Equity, debt, internal financing

b. Internal financing, debt, equity

c. Equity, internal financing, debt

d. Debt, internal financing, equity

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Financial Management Concepts and Applications

ISBN: 978-0132936644

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Authors: Stephen Foerster

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Question Posted: May 24, 2017 09:11 AM

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According to the pecking-order model of capital structure, firms will tend to raise capital in which of

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The answer is b which is consistent with the peckin...View the full answer

Financial Management Concepts and Applications

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