Does a firms debt policy matter and is there an optimal capital structure? What does an optimal

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Does a firms debt policy matter and is there an optimal capital structure? What does an optimal capital structure imply for a firms value and cost of capital?

Managers of an all-equity firm must believe that the cost of debt is very high. How high would that have to be to explain the decision to avoid debt entirely?

Posted Date: May 17, 2024 01:07 PM

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Does a firms debt policy matter and is there an optimal capital structure? What does an optimal

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