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Home Q & A Board Other Fields Homework Help Business Management
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pompa pompa
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7 years ago
The asymmetric information explanation of capital structure suggests that firms will issue new debt only when the managers believe the firm's stock is overvalued; as a result, issuing new debt is considered a negative signal that will result in a decline in share price.
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Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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UlainUlain
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7 years ago
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pompa Author
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7 years ago
Brilliant ツ
sakoon
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Yesterday
Good timing, thanks!
Katey_maree
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2 hours ago
You make an excellent tutor!
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