Capital Structure
Objective
- Calculate the impact of capital structure changes on firm value
Reading
- Chapter 17: Capital Structure in a Perfect Market
- Chapter 18: Taxes and Capital Structure
- Chapter 19: More Imperfect-Market Capital Structure
Assignment
- Capital Structure Project
Capital Structure Overview
Modigliani and Miller
Optimal Financing
The Trade-Off
Aswath Damodaran @ NYU in 2014The Cost of Capital
Aswath Damodaran @ NYU in 2014Moving to the Optimal Financing Mix
Aswath Damodaran @ NYU in 2014Homemade Leverage
Homemade Leverage Example (Part 1) (Part 2) (Part 3)