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D According to the pecking-order theory 11 Multiple Choice points E ,! X 02:05:10 Ppt...

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D According to the pecking-order theory 11 Multiple Choice points E ,! X 02:05:10 Ppt to decrease the WACC, firms choose to finance with debt rather than retained earnings PDF 25325700 due to bankruptcy costs, firms choose to finance with equity rather than debt to avoid the share price falling, firms choose to finance with debt rather than equity to increase PE, firms choose to finance with equity rather than debt. to increase EPS, firms choose to finance with equity rather than debt

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