Question: Based on the two articles assigned for Module 4: (JEFF TO COVER) 1. Capital Structure Instability by Harry DeAngelo and Richard Roll (Journal of Applied

Based on the two articles assigned for Module 4: (JEFF TO COVER) 1. Capital Structure Instability by Harry DeAngelo and Richard Roll (Journal of Applied Coporate Finance, 2016). Explain how the above authors proved the point tha the dynamics of corporate capital structure observed in reality diffres from whatbisnpredicted by the trade off model

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