Question
BG has a beta of equity of 0.9 and a leverage ratio of 50%. It rebalances its debt to keep a constant leverage ratio.
BG has a beta of equity of 0.9 and a leverage ratio of 50%. It rebalances its debt to keep a constant leverage ratio. Assume that the debt of BG is risk-free and that BG 1
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Venture capital and the finance of innovation
Authors: Andrew Metrick
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9781118137888, 470454709, 1118137884, 978-0470454701
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