NO.PZ2023031001000078
问题如下:
According to Modigliani and Miller’s Proposition II without taxes:
选项:
A.the capital structure decision has no effect on the cost of equity.
investment and the capital structure decisions are interdependent.
the cost of equity increases as the use of debt in the capital structure increases
解释:
C is correct. The cost of equity rises with the use of debt in the capital structure (e.g., with increasing financial leverage).
不应该是在有税的情况下才是c选项吗?a选项value不受cost of debt不就是在无税的情况下的答案