1. Chapter - 15 Capital Structure Theory and Policy 2. Chapter Objectives Understand the theoretical controversy about capital structure and the value of the firm. Highlight…
Slide 10 1. Identify the SIZE and TIMING of all relevant cash flows on a time line. 2.Identify the RISKINESS of the cash flows to determine the appropriate discount rate.…
Slide 1 18-1 International Capital Budgeting (Eun and Resnick chapter 18) Slide 2 18-2 Identify the size and timing of all relevant cash flows on a time line. …
Slide 1 Chapter 21 Mergers, LBOs, Divestitures, and Holding Companies Slide 2 Types of mergers Merger analysis Role of investment bankers LBOs, divestitures, and holding…
Slide 1 Slide 2 Cost of capital must include the opportunity costs from all sources of capital – since free cash flow is available to all investors, who expect compensation…