Introduction to Corporate Finance

PART 4: CAPITAL STRUCTURE AND PAYOUT POLICY

ONLINE STUDY TOOLS

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Smart concepts – step-by-step explanations of

concepts

» Watch an animation presenting the

M&M capital structure irrelevance

proposition and the effect of corporate

income taxes on this proposition.

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problems

» See the solution to problem 13-12.

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» Mitchell Petersen, Northwestern University

» John Graham, Duke University

» Keith Woodward, Vice President of

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