Question
Discuss how leverage impacts the cost of capital, taxes, firm value, and risks. Explain why most investors demand that companies have a reasonable amount of
Discuss how leverage impacts the cost of capital, taxes, firm value, and risks. Explain why most investors demand that companies have a reasonable amount of leverage. Define and discuss the pros and cons of using the MM proposition.
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Behavioral Finance And Capital Markets
Authors: A. Szyszka
5th Edition
1137338741, 9781137338747
