Why not choosing C?
问题如下图:
选项:
A.
B.
C.
解释:
NO.PZ2016012005000014问题如下If investors have homogeneous expectations, the market is efficient, anthere are no taxes, no transactions costs, anno bankruptcosts, the Mogliani anMiller Proposition I states that:A.bankruptrisk rises with more leverage.B.managers cannot change the value of the company using more or less bt.C.managers cannot increase the value of the company employing tsaving strategies.B is correct.Proposition I, or the capitstructure irrelevantheorem, states ththe level of versus equity in the capitstructure hno effeon company value in perfemarkets.这句话本身是对的吧?
NO.PZ2016012005000014 managers cannot change the value of the company using more or less bt. managers cannot increase the value of the company employing tsaving strategies. B is correct. Proposition I, or the capitstructure irrelevantheorem, states ththe level of versus equity in the capitstructure hno effeon company value in perfemarkets. 为什么c不对
请问investors have homogeneous expectations有什么特殊的含义吗?
老师,C这句话本身是正确的,对吧?只是与题干描述情境下的MM理论无关,是这样吗?