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- 2023-06-02 发布于重庆
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Chapter 13: Corporate-Financing Decisions and
Efficient Capital Markets
13.1 a. Firms should accept financing proposals with positive net present values
(NPVs).
b. Firms can create valuable financing opportunities in three ways:
Fool investors. A firm can issue a complex security to receive more than
the fair market value. Financial managers attempt to package securities to
receive the greatest value.
Reduce costs or increase subsidies. A firm
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