LevelUp CFA

Capital Structure

🏢 Corporate Issuers - Reading 2

Overall Progress

0 / 4 LOS

describe the Modigliani–Miller propositions regarding capital structure.

describe the effect of taxes, financial distress, agency costs, and asymmetric information on a company’s capital structure.

describe the pecking order and static trade-off theories of capital structure.

describe the factors an analyst should consider in evaluating a company’s capital structure.