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Define the following terms: Blaise Pascal
Target Capital Structure
The optimal mix of debt, equity, and other financing sources a company aims to achieve for financing its operations and growth.
Coupon Rate
The annual interest rate paid on a bond, expressed as a percentage of the face value, and received by the bondholders at specified intervals.
Flotation Costs
Expenses incurred by a company when it issues new securities, including underwriting fees, legal fees, and registration fees.
Tax Rate
The percentage at which an individual or corporation is taxed, which can vary depending on income or profits respectively.
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