Question
Indicate whether it is TRUE OR FALSE? WHY? Please give an explanation completely. Introducing leverage into a firms capital structure may increase the expected returns
Indicate whether it is TRUE OR FALSE? WHY? Please give an explanation completely.
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Introducing leverage into a firms capital structure may increase the expected returns for shareholders but the impact on share price may still be uncertain.
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Handbook Of Financial Econometrics
Authors: Yacine Ait-Sahalia, Lars Peter Hansen
1st Edition
044450897X, 978-0444508973
