Aswath Damodaran Session 19 (Undergraduate): More on the debt trade off & the cost of capital approach
In this session, we continued discussing the trade off on debt. We started with the Miller Modigliani theorem and then continued by looking at the financing hierarchy and the cost of capital approach for optimizing debt.
Slides: http://www.stern.nyu.edu/~adamodar/po…
Post class test: http://www.stern.nyu.edu/~adamodar/pd…
Post class test solution: http://www.stern.nyu.edu/~adamodar/pd…