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Business, 24.12.2019 03:31 melwamb

In the pecking order theory of financing, debt is preferred to equity financing because a. cost of debt is lower than the cost of equity b. debt financing increases the eps of the firm c. issuing debt is considered more positive by the markets d. tax benefits of debt exceed the expected costs of financial distress

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In the pecking order theory of financing, debt is preferred to equity financing because a. cost of d...
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