Documents Chapter 16

Chapter 16 Capital Structure Decisions: Part II Topics in Chapter MM models, with and without corporate taxes Miller model, with corporate and personal taxes Extension to…

Documents 01-mm

THE MODIGLIANI-MILLER THEOREM Overview: • The Modigliani-Miller Theorem • Illustration: — Capital Structure — Dividend Policy • Using MM sensibly: — Practitioners…

Documents Chapter 11 MGF

Chapter 11 Chapter 11 Global Cost and Availability of Capital 1 1 Global Cost and Availability of Capital How a firm headquartered in a country with an illiquid and segmented…