Syllabus 4
Capital structure theory 14 / 15
Does more debt lower the weighted average? The traditional view, Miller and Modigliani, trade-off and pecking order theory.
Capital structure: three views
Capital structure: the real world, and part (b)
Try it: the capital structure explorer
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Mean Co (a): the weighted average
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Step 4. Business finance
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Mean Co (b): your turn
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Step 4. Business finance