Question: Explain why we use market values in determining a company's capital structure for capital budgeting. I always tell my students that the hardest part of

Explain why we use market values in determining a company's capital structure for capital budgeting.

I always tell my students that the hardest part of capital budgeting is estimating future cash flows, why is that?

Research a current agency conflict (in the financial news), and discuss possible solutions.

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