NO.PZ2021091701000028
问题如下:
According to Modigliani and Miller’s Proposition II without taxes:
选项:
A.the capital structure decision has no effect on the cost of equity.
investment and the capital structure decisions are interdependent
the cost of equity increases as the use of debt in the capital structure
increases.
解释:
C is correct. The cost of equity rises with the use of debt in the capital structure
(e.g., with increasing financial leverage).
a选项说的是re的变化对资本结构影响。不是说在no taxes的情况下左右两边互不影响的嘛,那re的变化也不会影响到资本结构啊