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单词 Capital market imperfections view
释义 Capital market imperfections view
The view that issuing debt is generally valuable, but that the firm's optimal choice of capital structure involves various other views of capital structure (net corporate/personal tax, agency cost, bankruptcy cost, and pecking order), that result from considerations of asymmetric information, asymmetric taxes, and transaction costs.
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更新时间:2025/3/10 12:33:45