Capital Structure
The Cost of Capital, Corporation Finance, and the Theory of Investment: Comments
Chapter 16 Capital Structure Decisions: Part II. 16-2 Topics in Chapter MM models: Without corporate taxes (1958) With corporate taxes (1963) Miller model:
Financing Decisions and The Cost of Capital. The Capital Structure Question: How should a firm structure the right-hand side of its balance sheet? Debt.
Financing Decisions and The Cost of Capital. Where do Firms Get Money? Self Financing (using internal cash flow) Accounts for 80% (avg.) of financing.
FIN338_Ch16_lpk
Chapter 16 Capital Structure. © 2013 Pearson Education, Inc. All rights reserved.16-2 Learning Objectives 1.Explain why borrowing rates are different.
Chapter 16
1 Lecture 5: Levered Firms Discounted Cash Flow, Section 2.2 © 2004, Lutz Kruschwitz and Andreas Löffler.
Corporate Finance Lecture Eleven – Capital Structure.
Corporate Finance
