问题如下:
Increasing leverage will lead to which of the followings:
选项:
A.βequity increases;βasset increases
B.βequity increases; βasset remain the same
C.βequity decreases; βasset decreases
解释:
B is correct. When leverage increases, it will affect equity risk instead of asset risk.
emmm不是特别明白,这里并没有说对象是可比公司还是non-public的公司,但推导出来的结果都是针对non-public公司的?