问题如下图:
选项:
A.
B.
C.
解释:
如果company's debt/equity ratio 就在optimal range,可以理解为WACC不变或者变低吗?
NO.PZ2016012005000017 equity financing is cheaper thfinancing. the company’s bt/equity ratio hmovebeyonthe optimrange. C is correct. If the company’s WAincreases a result of taking on aitionbt, the company hmovebeyonthe optimcapitrange. The costs of financistress moutweigh any tbenefits to the use of bt.b能不能一下?
NO.PZ2016012005000017 b说得出股权融资成本更便宜,对于本题的情景来说增加负债融资导致了WACC上升,那cost of bt应该就是高于equity的 为什么不对呢?
A哪里不对?说的是improving,哪里看的出是最优资本结构才对,题目中并未说明最优资本结构啊?
不明白题目中说的beyong optimrange 是什么意思
答案二,bt成本比equity成本低的话增加bt只会使wacc更低吧