Question
Homemade leverage is just a theoretical exposition, it doesn't tell you anything about the real relationship between capital structure and the value of the firm.
Homemade leverage is just a theoretical exposition, it doesn't tell you anything about the real relationship between capital structure and the value of the firm." Do you agree or disagree with this statement? Why?
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Financial Accounting Tools For Business Decision-Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
2nd Canadian Edition
0470833378, 978-0470833377
