mberkcf cge第14完美市场中资本结构章节大纲.pdf

Chapter Outline 1. Equity versus Debt Financing 2. Modigliani-Miller I: Leverage, Arbitrage, and Firm Value 3. Modigliani-Miller II: Leverage, Risk, and the Cost of Capital 4. Capital Structure Fallacies 5. MM: Beyond the Propositions Learning Objectives 1. Def he types of securities usually used by firms to raise capital; define leverage. 2. Describe the capital structure that the firm should choose. 3. List the three conditions that make capital markets perfect. Le