Question
1) Are overconfident CEOs more or less likely to use Cash rather than equity to finance acquisitions? WHY? 2) If a firm has access to
1) Are overconfident CEOs more or less likely to use Cash rather than equity to finance acquisitions? WHY?
2) If a firm has access to external capital markets, should its investments depend on its cashflow? Why would we observe a correlation between investments and cash flow?
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Introduction To Management Science
Authors: Bernard W. Taylor
13th Edition
0134730666, 978-0134730660
