Which of the following statement is correct concerning the Pecking order theory? Group of answer choices Equity financing is preferred over internal cash. Debt financing is preferred over equity financing. Debt financing and equity financing is equally preferred. Debt financing is preferred over internal cash.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
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Chapter13: Capital Structure Concepts
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Which of the following statement is correct concerning the Pecking order theory?

Group of answer choices
Equity financing is preferred over internal cash.
Debt financing is preferred over equity financing.
Debt financing and equity financing is equally preferred.
Debt financing is preferred over internal cash.
 
 
 
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