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Use MATLAB to answer the question Function to Compute Value of Firm's Debt My Solutions Together, we looked at code that computed the value of
Use MATLAB to answer the question
Function to Compute Value of Firm's Debt My Solutions Together, we looked at code that computed the value of a firm's debt given the value of its assets and its capital structure. This is a fairly common calculation, that we may have to perform for various firms, different asset values, etc. So it's a great example of the type of code that we should put into a function. Write a function called value_debt that takes 3 input arguments in order) 1. Book value of senior-most claims (eg. wages, taxes, suppliers) 2. Book value of debt 3. Current value of assets And creates 3 outputs (order) 1. Value of senior-most claims 2. Value of debt 3. Value of equity It is up to you what to name variables. Remember, as a user of your function, I don't know what your variable names are. I just need to know what to pass to your function (in order), and what to expect back (in order). Make sure to try running your function for different input values by changing the code in Code to run your function. Function Save C Reset MATLAB Documentation Assessment: Submit Using function? Testing using inputs: 30, 20, 25 Testing using inputs: 30, 20, 45 Testing using inputs: 30, 20, 50 Testing using inputs: 30, 20, 55 Testing using inputs: 30, 20, 105 Code to call your function Reset 1 value_debt (30,20,100) Run Function Function to Compute Value of Firm's Debt My Solutions Together, we looked at code that computed the value of a firm's debt given the value of its assets and its capital structure. This is a fairly common calculation, that we may have to perform for various firms, different asset values, etc. So it's a great example of the type of code that we should put into a function. Write a function called value_debt that takes 3 input arguments in order) 1. Book value of senior-most claims (eg. wages, taxes, suppliers) 2. Book value of debt 3. Current value of assets And creates 3 outputs (order) 1. Value of senior-most claims 2. Value of debt 3. Value of equity It is up to you what to name variables. Remember, as a user of your function, I don't know what your variable names are. I just need to know what to pass to your function (in order), and what to expect back (in order). Make sure to try running your function for different input values by changing the code in Code to run your function. Function Save C Reset MATLAB Documentation Assessment: Submit Using function? Testing using inputs: 30, 20, 25 Testing using inputs: 30, 20, 45 Testing using inputs: 30, 20, 50 Testing using inputs: 30, 20, 55 Testing using inputs: 30, 20, 105 Code to call your function Reset 1 value_debt (30,20,100) Run Function
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