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Agency cost view

• The argument that specifies that the various agency costs create a complex environment in which total agency costs are at a minimum with some, but less than 100%, debt financing.

 
 

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 Agency costs
Agency
Debt financing
Debt
 
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Having once decided to achieve a certain task, achieve it at all costs of tedium and distaste. The gain in self-confidence of having accomplished a tiresome labor is immense. Thomas Arnold Bennett

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