Question: A company that has a ( n ) _ _ _ _ _ _ _ _ _ _ blank would be most likely to have

A company that has a(n)__________blank would be most likely to have a high percentage of debt in its optimal capital structure.
Multiple Choice
low probability of financial distress
minimal level of taxable income
very low marginal tax rate
substantial level of tax shields from other sources
exceptionally high level of depreciation expense

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