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Capital Structure and Dividend Policy : Target Structure

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The firm's target structure is consistent with which of the following?
Maximum earnings per share (EPS), Minimum cost of debt (rd), Highest bond rating, Minimum cost of equity (rs), or Minimum weight average cost of capital (WACC).

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This solution is comprised of a detailed explanation to answer what is the firm's target structure.

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The firm's target structure is consistent with which of the following?
Maximum earnings per ...

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