Question: Which statement best describes the capital structure decision process for a firm? a. The firm finds the mix of debt and equity to maximize firm
Which statement best describes the capital structure decision process for a firm?
| a. | The firm finds the mix of debt and equity to maximize firm value. | |
| b. | The firm purchases the mix of debt and equity to match the guidelines of the company charter. | |
| c. | The firm makes the necessary filings for an initial public offering. | |
| d. | The firm finds the least expensive debt to finance its projects. |
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