The trade-off theory provides several insights to financial managers concerning optimal capital structure. Explain how an increase

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The trade-off theory provides several insights to financial managers concerning optimal capital structure. Explain how an increase in the corporate tax rate would impact capital structure policy.
Capital Structure
Capital structure refers to a company’s outstanding debt and equity. The capital structure is the particular combination of debt and equity used by a finance its overall operations and growth. Capital structure maximizes the market value of a...
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Principles Of Managerial Finance

ISBN: 978-0136119463

13th Edition

Authors: Lawrence J. Gitman, Chad J. Zutter

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