Question
On October 16, 2017, Netflix made the following statement in an 8-K filing: We anticipate financing our capital needs in the debt market as our
On October 16, 2017, Netflix made the following statement in an 8-K filing: We anticipate financing our capital needs in the debt market as our after-tax cost of debt is lower than our cost of equity. According to Modigliani and Miller, what is wrong with this statement?
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
9th Edition
0814408648, 978-0814408643
