Critically evaluate the differing approaches to capital structure, clearly showing the arguments for and against each approach.

PART 1-Of the three major strategic financial decisions facing Treasury Managers perhaps the capital structure decision is the most difficult.
Critically evaluate the differing approaches to capital structure, clearly showing the arguments for and against each approach. You should include an empirical case of one FTSE 100 company or similar overseas company, discussing the companys capital structure strategy over the last 10 years, and whether there is any evidence that the structure shows evidence of adherence to a specific view of capital structure. (1850 words).