'Proposition ii' presentation slideshows

Chapter 16

Chapter 16. Capital Structure. Learning Objectives. Explain why borrowing rates are different based on ability to repay loans. Demonstrate the benefits of borrowing. Calculate the break-even EBIT for different capital structures.

605 views • 51 slides

STRUKTUR PERMODALAN

STRUKTUR PERMODALAN. Budi Purwanto. Saham Biasa. Utang. Saham Preferens. Struktur Permodalan. Bagaimana kita ingin mendanai perusahaan?. Mengapa Struktur Permodalan Penting?.

499 views • 45 slides

Review

Review. Review Item. An firm has a project with NPV>0 that costs a lot of money. It pays off after the owner dies. Should she invest? In the project? In financial assets? How?. Invest to here. Finance to here. An investment opportunity that increases value. Time one cash flow.

326 views • 32 slides

Capital structure

Capital structure. Materi ke 5 Financial Management Bagian I Kelas : AP 1. Topik Bahasan. The Capital-Structure Question and The Pie Theory Maksimalisasi nilai perusahaan versus maksimalisasi kepentingan pemegang saham Leverage Keuangan dan nilai perusahaan: sebuah contoh.

975 views • 28 slides

Capital Structure: Basic Concepts

Capital Structure: Basic Concepts. Chapter Outline. 15.1 The Capital-Structure Question and The Pie Theory 15.2 Maximizing Firm Value versus Maximizing Stockholder Interests 15.3 Financial Leverage and Firm Value: An Example 15.4 Modigliani and Miller: Proposition II (No Taxes) 15.5 Taxes

486 views • 26 slides

CHAPTER

CHAPTER. 15. Capital Structure: Basic Concepts. Chapter Outline. 15.1 The Capital-Structure Question and The Pie Theory 15.2 Maximizing Firm Value versus Maximizing Stockholder Interests 15.3 Financial Leverage and Firm Value: An Example 15.4 Modigliani and Miller: Proposition II (No Taxes)

265 views • 26 slides

Corporate Finance Ross ? Westerfield ? Jaffe

Chapter Fifteen. 15. Capital Structure: Basic Concepts. Corporate Finance Ross ? Westerfield ? Jaffe. Sixth Edition. Prepared by Gady Jacoby University of Manitoba and Sebouh Aintablian American University of Beirut. Chapter Outline.

508 views • 25 slides

Capital Structure: Basic Concepts

Chapter 14. Capital Structure: Basic Concepts. Key Concepts and Skills. Understand the effect of financial leverage (i.e., capital structure) on firm earnings Understand homemade leverage Understand capital structure theories with and without taxes

277 views • 25 slides

305 views • 16 slides

Chapter 12 Capital Structure

Chapter 12 Capital Structure. Quick Review of Capital Markets Benefits of Borrowing Pecking Order Hypothesis Modigliani and Miller Optimal Capital Structure Theory. Quick review of Capital Markets. Capital Markets Borrow from more than one year Various types of markets Bond Equity

256 views • 9 slides