NO.PZ202301100200000403
问题如下:
Which of Childress’s statements regarding value creation by private equity funds is most accurate?选项:
A.The statement regarding corporate re-engineering B.The statement regarding credit market terms C.The statement regarding method of financing解释:
SolutionA is correct. Private equity funds increase value by taking on high levels of debt on favorable terms. They are able to offset their borrowing costs by superior reorganization and re-engineering capabilities.
B is incorrect. Private equity funds obtain favorable terms from credit markets based on their reorganization skills which lead to value enhancement.
C is incorrect. Private equity funds increase value by taking on high levels of debt on favorable terms, rather than equity.
这三个答案可以当成结论来记住吗?太多考点了。。。。