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Agency costs of debt

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1. what is objective of capital structure management?

2. outline briefly the major advantage and disadvantage of paying dividends.

3. briefky describe agency costs of debt and tell why they are important to the determination of capital structure.

4. Why would a firm repurchase its own shares ? briefly explain any disadvantage of such buy-backs.

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1. what is objective of capital structure management?

2. outline briefly the major advantage ...

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