问题如下:
Which of the following scenarios would increase the company's current capital investment?
选项:
A.The market value of the company's debt decreases.
B.The company's expected marginal tax rate increases.
C.The company's inventory increases.
解释:
B is correct.
An increase in the company's expected marginal tax rate would decrease the after-tax cost of debt, thus decreasing the company's WACC. A lower WACC would make more projects to be accepted.
A选项,这道题看了两个助教回答,一个说债券市值下降 利率上升 成本增加 ,一个说不影响成本,该怎么理解?