资料介绍： Corporate Finance addresses the following three questions:
What long-term investments should the firm engage in?
How can the firm raise money for the required investments?
How much short-term cash flow does a company need to pay its bills?
(RWJ ch.1)
The value of the firm can be thought of as a pie.
The goal of the manager is to increase the size of the pie.
The Capital Structure decision can be viewed as how best to slice up a the pie.
If how you slice the pie affects the size of the pie, then the capital structure decision matters.
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