问题如下:
Company M is going to issue new debt, which lead the company’s WACC rising from 10% to 15%. Which of the following is correct?
选项:
A.The cost of debt is larger than the cost of equity.
B.The company’s prospects are improving.
C.The company is beyond the optimal capital range.
解释:
C is correct.
考点:Capital Structure Theory: with tax
解析:由于负债的增加导致公司加权平均资本成本的上升,举债带来的财务困境成本超过了举债带来的收益,此时公司已经偏离了最优的资本结构。
看到很多之前的同学问B为什么不对,助教说修改了答案。想问下是修改了什么?
现在B的选项是对的吗,如果不对,为什么?