EBK FUNDAMENTALS OF CORPORATE FINANCE
EBK FUNDAMENTALS OF CORPORATE FINANCE
3rd Edition
ISBN: 9780133762808
Author: Harford
Publisher: PEARSON CUSTOM PUB.(CONSIGNMENT)
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Chapter 16, Problem 3CC
Summary Introduction

Leverage: It is a kind of strategy to maximize the amount of return available for the various investors of the firm, which also increase the value of the firm.

To Explain: The affect of leverage on the risk and cost of equity for the firm.

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Financial leverage explained; Author: The Finance story teller;https://www.youtube.com/watch?v=GESzfA9odgE;License: Standard YouTube License, CC-BY