Q.

Which of the following is not a feature of an optimal capital structure?

A. The company should make maximum use of leverage at a minimum cost
B. The capital structure should be flexible to be able to meet the changing condition
C. The company should aim at not using excessive debt in its capital structure
D. The company should make minimum use of leverage at a minimum cost.
Answer» D. The company should make minimum use of leverage at a minimum cost.
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