NO.PZ2023112701000063
问题如下：
According to Modigliani and Miller's Proposition II without taxes, a higher proportion of debt in the capital structure of a company results in:
选项：
A.the same WACC. B.a lower cost of equity. C.a greater company value.解释：
Correct Answer: A
A is correct because the more debt the company uses, the greater the cost of equity, but the total value of the company does not change and neither does the weighted average cost of capital.
B is incorrect because the cost of equity increases.
C is incorrect because the value of the company remains the same.
cost of equity：就是re么？
为什么发债多， cost of equity就高？
为什么发债多， company value.就高？
为什么发债多 same WACC？
还有 re和企业价值有关系么？？
