In a world without tax and transaction costs, all the investors and companies can borrow at the same rate from the bank.

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answerhappygod
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In a world without tax and transaction costs, all the investors and companies can borrow at the same rate from the bank.

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In a world without tax and transaction costs, all the investors
and companies can borrow at the same rate from the bank. If you are
a financial manager, do you need to spend time on analysing the
capital structure? Explain your answer
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