Question: Evaluate the trade-off capital structure and discuss its differences with the pecking order theory. Particular emphasis should be placed on the role of financial distress,

Evaluate the trade-off capital structure and discuss its differences with the pecking order theory. Particular emphasis should be placed on the role of financial distress, bankruptcy costs and information asymmetry.

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The feeling of boredom.

2. In this chapter, the reader should reflect on the following concepts: