個案資料
了解個案內容與學習目標，選擇授課教師及使用課程。
The Effects of Debt Equity Policy on Shareholder Return Requirements and Beta
內容大綱
This technical note outlines the link between shareholder-return requirements and a firm's use of debt. It explores the theoretical arguments concerning how the cost of equity changes with the use of debt and discusses the limitations of each view. It also provides conceptual and practical guidance on the use of "levered" and "unlevered" betas.