Financial flexibility is an important consideration when managers are choosing the firm’s capital structure since despite what the theory says sometimes it may not be possible to find financing at a reasonable price if a positive NPV investment becomes available. True False
Financial flexibility is an important consideration when managers are choosing the firm’s capital structure since despite what the theory says sometimes it may not be possible to find financing at a reasonable price if a positive NPV investment becomes available. True False
Chapter15: Capital Structure Decisions
Section: Chapter Questions
Problem 12SP
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Financial flexibility is an important consideration when managers are choosing the firm’s capital structure since despite what the theory says sometimes it may not be possible to find financing at a reasonable price if a positive NPV investment becomes available.
True
False
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