This note provides an interactive illustration of Modigliani-Miller theory of the boards of tax debt levered firm value. Students must evaluate (1) the impact of hypothetical changes in the capital structure on firm value, and (2) the impact of large-scale recapitalization of the company’s share price by a set of Koppers partial sheet. After completing […]
An Introduction to Debt Policy and Value (V. 2.0)
by | Mar 12, 2022 | Uncategorized
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