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Capital Structure of Firms
Essay specific features
Written by:
Larry C
Date added:
April 10, 2013
Level:
University
Grade:
B
No of pages / words:
20 / 5572
Was viewed:
1067 times
Rating of current essay:
Essay content:
Capital structuring would then, deal with how a concern splits its cash flows into the relatively safe stream that goes to the debt holders, and the riskier stream that goes to the stock holders. The aim of any exercise within the purview of this is simple: find the combination that maximizes the firms' market value...
displayed 300 characters
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The aim of any exercise within the purview of this is simple: find the combination that maximizes the firms' market value.
It could first be argued that the firms' value is not altered by the method by which it is split because the value is determined by its real assets, and not by the securities issued...
displayed 300 characters
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