Which one of the following makes the capital structure of a
Which one of the following makes the capital structure of a firm irrelevant?
A) Taxes.
B) 100 percent dividend payout ratio.
C) Interest tax shield.
D) Debt-equity ratio that is greater than 0 but less than 1.
E) Homemade leverage.
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which one of the following makes the capital structure of a firm irrelevanta taxesb 100 percent dividend payout ratioc
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