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YouTubeAswath Damodaran
Session 17 (MBA): The MM Theorem & Cost of capital approach
In this session, I look at the Miller Modigliani theorem through the prism of the debt tradeoff. I then move on to looking at how the cost of capital can be used to optimize the right mix of debt and equity. Slides: http://www.stern.nyu.edu/~adamodar/podcasts/cfspr16/Session17.pdf Post class test: http://www.stern.nyu.edu/~adamodar/pdfiles ...
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