第十七章杠杆企业的估价与资本预算.pptVIP

McGraw-Hill/Irwin Copyright ? 2002 by The McGraw-Hill Companies, Inc. All rights reserved. 17-* Click here for title Prospectus Recall that there are three questions in corporate finance. The first regards what long-term investments the firm should make (the capital budgeting question). The second regards the use of debt (the capital structure question). This chapter is the nexus of these questions. 第一页，共二十八页。 Chapter Outline 17.1 Adjusted Present Value Approach 17.2 Flows to Equity Approach 17.3 Weighted Average Cost of Capital Method 17.4 A Comparison of the APV, FTE, and WACC Approaches 17