In which approach there is nothing as an optimal capital structure and every capital structure is the optimum capital structure

_____ approach is a compromise between the two extremes of net income approach and net operating income approach.

In _____ theory, the value of the firm can be increased initially or the cost of capital can be decreased by using more debt is a cheaper source of funds than equity

____ refers to that part of profits of a company which is distributed by the company among its shareholders

In which theory dividend decision does not affect the share holders wealth and valuation of the firm

In which theory dividend decision materially affects the shareholders wealth and also the valuation of the firm