The pecking-order model of capital structure suggests the order in which firms prefer to raise capital is:
A) debt, then retained earnings, then external equity.
B) retained earnings, then debt, then external equity.
C) preferred stock, then debt, then external equity.
D) debt, then external equity, then retained earnings.
B
Business
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A good floor plan has
a. the kitchen near the garage. b. bedrooms near living areas. c. one bathroom for every three bedrooms. d. no closets in the bedrooms, to conserve space.
Business
The price at which an option can be exercised is called the:
A) premium. B) spot rate. C) strike price. D) commission.
Business