财务管理专业英语 教学课件 ppt 作者 崔刚主编 Chapter 8.pptxVIP

g10byzw;8.1　Leverage Analyses8.2　MM Proposition8.3　Limits to the Use of Debt;8.1　Leverage Analyses;Throughout the discussion, we assume that corporate investment and asset management decisions remain unchanged. The aim was to try to separate the effects on stock prices from the change of financing mix. We define the value of the firm to be this sum. Hence, the value of the firm, V is;8.1.1　The Capital-Structure Question and The Pie Theory;8.1.2　Leverage and Returns to Shareholders;8.1.2　Leverage and Returns to Shareholders;8.1.2　Leverage and Returns to Shareholders;8.1.2　Leverage and Return