Question: The optimal capital structure: will remain constant over time unless the firm makes an acquisition. is identical for all firms in the same industry. places
The optimal capital structure:
will remain constant over time unless the firm makes an acquisition.
is identical for all firms in the same industry.
places more emphasis on the operations of a firm rather than the financing of a firm.
is unaffected by changes in the financial markets.
of a particular firm can chang if tax rates change.
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