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The sedimentary rock known as ______________ consists of angular pebbles cemented together by silica, calcium carbonate, or iron oxide.
Transaction Costs
Expenses incurred when buying or selling securities, including commissions, exchange fees, and taxes that can affect the profitability of investments.
Tax Shield
The reduction in income taxes that results from taking an allowable deduction from taxable income.
Bankruptcy Costs
Expenses and financial losses associated with undergoing bankruptcy, including legal fees, asset liquidation costs, and potential loss of business.
Optimal Capital Structure
The best mix of debt, equity, and other financial instruments that maximizes a company's market value while minimizing its cost of capital.
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