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Basic Question 0 of 6
The objective of the firm should be to ______ when choosing a capital structure.
B. choose one that minimizes the firm's WACC
C. choose any capital structure since capital structure is always irrelevant
A. choose one that results in the largest interest tax shield
B. choose one that minimizes the firm's WACC
C. choose any capital structure since capital structure is always irrelevant
User Contributed Comments 1
| User | Comment |
|---|---|
| DonAnd | I narrowed it down to B or E and it definitely won't be E so voila B it is. :-) |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
define a derivative and describe basic features of a derivative instrument
CFA® 2025 Level I Curriculum, Volume 5, Module 1.