Question
Data below is based on Corporation AAA Year 2008 2010 2012 2014 2016 Current ratio 1 1.2 1.2 1.1 1 Quick ratio .5 .6 .5
Data below is based on Corporation AAA
Year 2008 2010 2012 2014 2016
Current ratio 1 1.2 1.2 1.1 1
Quick ratio .5 .6 .5 .4 .6
EM 1 2 2.5 4 3
TIER 6 6 7 8 6
TAT 2 3 2 3 2
PM .10 .12 .11 .13 .14
Firm value $100 $150 $180 $140 $160
What it the optimal capital structure, measured by TDR?
a. .40
b. 0
c. .50
d. .60
e. 1
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The Handbook Of Hybrid Securities Convertible Bonds CoCo Bonds And Bail In
Authors: Jan De Spiegeleer, Wim Schoutens, Cynthia Van Hulle
1st Edition
1118449991, 978-1118449998
