Capital Structure Decisions Chapter 15 and 16. Financial Policy and Planning (MB 29). Outline. Meaning of Capital Structure Optimal Capital Structure How much should a firm borrow? Does capital structure matter? Does it influence the value of the firm? Limits to the use of debt
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Financial Policy and Planning
(1 - Tc) EBIT (1 - 0.34) $120,000
VL = VU + Tc D
= 792,000 + 0.34 $300,000