Which of the following characteristics, do you expect to affect a firms capital structure? I....

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Accounting

Which of the following characteristics, do you expect to affect a firms capital structure?

I. The industrys default spread

II. The firms variance in earnings

III. The firms tangible assets

IV. The firms EBITDA

Select one:

a. IV only

b. III only

c. I, II, and IV only

d. I, II, III and IV

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