If investors are rational and managers are overoptimistic, how would the value of the firm change if

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If investors are rational and managers are overoptimistic, how would the value of the firm change if management were to raise more money for new projects? Would it be worse if the firm raised equity?

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Corporate Finance An Introduction

ISBN: 9780321277992

1st Edition

Authors: Ivo Welch

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Question Posted: Oct 26, 2024 04:02 AM

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If investors are rational and managers are overoptimistic, how would the value of the firm change if

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Corporate Finance An Introduction

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