Financing Decisions Within a Company

本文档由 heiheitao 分享于2011-05-28 08:30

Capital StructureThe amount of debt in a company affects the discount rate, or the weighted average cost of capital (WACC), used to value the company, and the company’s investments in projects. Increasing amounts of debt increase the leverage of the company and decrease theWACC. The effects of financial leverage were discussed in Chapter 12. In the presence of taxes, ..
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Company dividend debt Financing capital Decisions equity increased Within payments
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