Question: 8 The pecking - order theory states that when external funds are required, a firm should eBook Multiple Choice refund all monies pulled from internal
The peckingorder theory states that when external funds are required, a firm should
eBook
Multiple Choice
refund all monies pulled from internal sources with external funds
limit its debtequity ratio to no more than
issue convertible bonds prior to straight bonds.
issue equity securities only after the frms debt capacity is reached.
never issue any convertible securities
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