In general, a firm's theoretical optimal capital structure is that which balances the tax benefits ...

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In general, a firm's theoretical optimal capital structure is that which balances the tax benefits ...

In general, a firm's theoretical optimal capital structure is that which balances the tax benefits of debt financing against the increase probability of bankruptcy that result from its use.

Textbook

Principles of Managerial Finance

Edition: 14^th

Authors: Gitman, Zutter

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