CFA® Level 1 Exam Prep: Most Correct Statement

Which Statement is Most Correct? | CFA® Level 1 Exam

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Which of the following statements is most correct?

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A. B. C. D. E.

E

The capital structure which maximizes the firm's stock price generally calls for a debt ratio which is lower than the one that maximizes EPS. The firm could maximize its TIE by having no debt (i.e. zero interest payments). But, this capital structure would probably not maximize the firm's stock price.