Question: Time left 0 : 0 4 : 4 According to the pecking - order theory, a firm's leverage ratio is determined by: a . the
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According to the peckingorder theory, a firm's leverage ratio is determined by:
a the frnms financing needs.
a the profinability of the firm.
c the market rate of interest.
equating the tax berwift of detit to the financial distress costs of debt.
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